Executive Vice President Lennart Engstrom Leaving Industrivarden


STOCKHOLM, Sweden, Feb. 11, 2002 (PRIMEZONE) -- Lennart Engstrom has decided to leave Industrivarden, with effect on April 1, 2002, where he has been head of Portfolio Management and Research since 1996.

"Lennart Engstrom has very commendably built up a professional department for high-quality research and management - a unit that works superbly to this day. In connection with our current work on reviewing our strategy and thus our way of working, Lennart has chosen to seek new challenges," comments Anders Nyren, President and CEO of Industrivarden.

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