Report on Operations Full Year 2004


STOCKHOLM, Sweden, Feb. 11, 2005 (PRIMEZONE) -- Report on Operations full year 2004:



  - Sales in Swedish Crowns were 13,007 MSEK (13,036). In 
    local currencies, sales were up 3%
  - Operating income amounted to 3,370 MSEK (2,224)
  - Operating income includes income of 1,521 MSEK from 
    settlement with UST and expenses of 240 MSEK from match
    impairment charges and provisions
  - Net profit amounted to 1,821 MSEK (1,558)
  - EPS increased to 5.61 SEK (4.68)
  - The Board proposes an increased dividend to 1.90 SEK (1.70)

 For further information, please contact: 

 Sven Hindrikes, President and Chief Executive Officer
 Office +46 8 658 02 82, Mobile +46 70 567 41 76

 Lars Dahlgren, Chief Financial Officer
 Office +46 8 658 04 41, Mobile +46 70 958 04 41

 Bo Aulin, Senior Vice President, Secretary and General Counsel
 Office +46 8 658 03 64, Mobile +46 70 558 03 64

 Emmett Harrison, Vice President, Investor Relations (IR)
 Office +46 8 658 01 73, Mobile +46 70 938 01 73

 Richard Flaherty, Vice President, Business Control & CFO, IR (US) 
 Office +1 804 302 1774, Mobile +1 804 400 1774

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