Highlights of Esselte's 2002 Annual General Meeting


SOLNA, Sweden, April 24, 2002 (PRIMEZONE) -- Esselte:

The proposed dividend of SEK 1.00 per share was approved

Board

The Annual General Meeting elected the following Board members; Fritz Frohlich, Kurt Jofs, Bo Jungner, Bjorn Larsson and Brian Stern were all re-elected. Bengt Lindahl, President and CEO Ovako Steel AB, was elected as a new member.

Anders Igel and Sven Ohlsson declined re-election.

At the Board meeting following the election, Kurt Jofs was elected Chairman of the Board.

Esselte is the leading global office supplies manufacturer with annual sales of approx. SEK 11 billion, subsidiaries in 26 countries, selling office products in over 120 countries and employing approx. 6,500 people. Esselte makes it easier for people to organize the modern workplace. Our principal brands are: DYMO, Pendaflex, Leitz and Esselte.

Esselte AB is listed on the Stockholm and London stock exchanges. To learn more about Esselte, visit our website at www.esselte.com.

For further information please contact:


   Anders Igel, CEO         +44 (0) 7775 902 914
   Ulrik Svensson, CFO +44 (0) 7770 746 344
   Thomas Groth, IR         +44 (0) 7881 628 851

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The following files are available for download: http://www.waymaker.net/bitonline/2002/04/24/20020424BIT01590/wkr0001.doc http://www.waymaker.net/bitonline/2002/04/24/20020424BIT01590/wkr0002.pdf