Observer's Annual Report Available


STOCKHOLM, Sweden, April 8, 2003 (PRIMEZONE) -- Observer's (Other OTC:OBSEF) Annual Report for 2002 is available on the Group web site www.observergroup.com from today, April 8, 2003.

Observer's Annual General Meeting will be held at 5:00 p.m. (CET) on May 6, 2003 at Ingenjorshuset/Citykonferensen, Malmskillnadsgatan 46, Stockholm.


 For further information, please contact:
 Observer AB (publ)
 Ulrika Nyberg, Communications Officer
 +46 8 507 417 28,
 ulrika.nyberg@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:

http://www.waymaker.net/bitonline/2003/04/08/20030408BIT00200/wkr0001.doc

http://www.waymaker.net/bitonline/2003/04/08/20030408BIT00200/wkr0002.pdf