Industriforvaltnings AB Kinnevik Annual General Meeting


STOCKHOLM, Sweden, May 17, 2002 (PRIMEZONE) -- At the Annual General Meeting of Industriforvaltnings AB Kinnevik held today, shareholders approved the distribution proposed by the Board of Directors as follows.


 - A cash dividend of SEK 2.00 (two) per share.

The record date for the cash dividend is May 23, 2002.

Bruce Grant, Edvard von Horn, Thomas Jonsson, Wilhelm Klingspor, Stig Nordin, Ulf Spang, Jan H Stenbeck and Dag Tigerschiold were re-elected to the Board.

At the Board meeting following the AGM, Jan Hugo Stenbeck was re-elected Chairman of the Board.

Carl Lindgren was elected auditor. Bjorn Flink was elected deputy auditor.

Stockholm, May 17, 2002

INDUSTRIFORVALTNINGS AB KINNEVIK

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