CEO Anders Igel is Leaving Esselte to Become CEO of Telia AB


SOLNA, Sweden, April 8, 2002 (PRIMEZONE) -- Esselte:


 -- Esselte's CEO Anders Igel has decided to leave Esselte to become
    the new CEO of Telia AB.

 -- The date for Anders Igel's departure will be September 30 at
    the latest.

 -- The board of Esselte has initiated the search for a new CEO.

Esselte is the leading global office supplies manufacturer with annual sales of approx. SEK 11 billion, subsidiaries in 26 countries, selling office products in over 120 countries and employing approx. 6,500 people.

Esselte brings innovation, efficiency and style to the way people work in the office and at home. Our principal brands are: DYMO, Pendaflex, Leitz and Esselte.

Esselte AB is listed on the Stockholm and London stock exchanges. To learn more about Esselte, visit our website at www.esselte.com.

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