STOCKHOLM, Sweden, March 29, 2004 (PRIMEZONE) -- Investor: With reference to the proposal that was made public on February 19, 2004 to reduce the differences in voting rights in Ericsson, and to issue conversion rights, which is expected to be taken up for the approval of an extra general meeting in Ericsson, it is hereby reported that Investor will not accept the offer from a number of major B-shareholders to sell 25 percent of its conversion rights to them.
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