Communiqué from Industrivärden's Annual General Meeting on March 27, 2007

Communiqué from Industrivärden's Annual General Meeting on March 27, 2007

Industrivärden's Annual General Meeting was held on March 27 at the Grand Hotel
in Stockholm.

- The Annual General Meeting set the dividend at SEK 9.00 per share (7.00). The
record date for payment of the dividend was set at March 30. Dividend payments
are expected to be made via VPC on April 4.

- Boel Flodgren, Lars O Grönstedt, Tom Hedelius, Finn Johnsson, Fredrik
Lundberg, Sverker Martin-Löf, Lennart Nilsson and Anders Nyrén were re-elected
as directors on Industrivärden's board. Tom Hedelius was re-elected as Chairman
of the Board.

- The Annual General Meeting resolved to assign the Chairman of the Board with
the task of contacting four shareholders from among the largest registered
shareholders in terms of votes in VPC's printout of the shareholder register on
August 31, 2007, who each appoint one representative who is not a director on
the Company's board, to form together with the Chairman of the Board a
nominating committee for the time until a new nominating committee has been
appointed based on the mandate from the next Annual General Meeting. The
composition of the Nominating Committee shall be made public not later than six
months before the 2008 Annual General Meeting.

- The Annual General Meeting resolved in favor of a stock split, whereby each
existing share will be split into two new shares of the same class. The Board
has set April 27, 2007, as the execution date with VPC for the stock split.
Through this measure, the number of shares in issue will increase from
134,273,702 Class A shares and 58,861,910 Class C shares to 268,547,404 Class A
shares and 117,723,820 Class C shares. The last day of trading ex-split will be
April 24, 2007, and the first day of trading post-split will be April 25, 2007.

Decision at the statutory board meeting:

- At the statutory board meeting, Sverker Martin-Löf was re-elected as Vice
Chairman of the Board.

Information about the Annual General Meeting is available at the Company and on
Industrivärden's website: www.industrivarden.net/Investor Relations/Annual
General Meeting.