STOCKHOLM, Sweden, Feb. 18, 2003 (PRIMEZONE) -- Observer AB (Other OTC:OBSEF) (Stockholm:OBS) is quoted on the Attract40 section of Stockholmsborsen's O-list and has approximately 28,000 shareholders.
-- Year-end report, January - December 2002 Observer's Board of Directors has adopted the preliminary year-end report, which was distributed on January 31, 2003. The report is available on the company's Website, www.observergroup.com -- Dividend The Board of Directors is recommending that the Annual General Meeting approve a dividend of SEK 0.45 (0.45) per share. -- Share repurchase To increase the flexibility of Observer's capital structure and complement its dividend policy, it has been proposed that the Annual General Meeting authorize the Board of Directors to decide on a repurchase of Observer shares. -- Annual General Meeting The Annual General Meeting will be held at 5:00 pm (CET) on May 6, 2003 at Ingenjorshuset/Citykonferensen, Malmskillnadsgatan 46, Stockholm.
Observer AB (publ)
Board of Directors
For further information, please contact:
Per Blixt, Senior VP Corporate Communications/Investor Relations telephone: +46 70 549 28 08, +46 8 507 410 12 e-mail: per.blixt@observergroup.com This press release is also available online at: www.observergroup.com This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: www.waymaker.net/bitonline/2003/02/18/20030217BIT01160/wkr0001.doc www.waymaker.net/bitonline/2003/02/18/20030217BIT01160/wkr0002.pdf