Graninge: Year-end report for 2002


STOCKHOLM, Sweden, February 18, 2003 (PRIMEZONE) -- Graninge (Other OTC:GRGEF) announces Year-end report for 2002:


 - Sales were up 34 per cent to MSEK 3,391 (2,538). The increase was
   attributable to units added during the year.

 - Profit before tax amounted to MSEK 701 (721), on par with the preceding
   year.

 - Profit after tax corresponds to earnings per share of SEK 7.50 (10.80),
   a decrease of SEK 3.30/share. The decrease is explained by the fact
   that profit for 2001 was virtually free from taxation.

 - The Board proposes that the shareholders be paid a dividend of SEK 4.00
   (5.50, including a bonus of SEK 2.00) per share.

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 The following files are available for download:

 http://www.waymaker.net/bitonline/2003/02/18/20030218BIT00690/wkr0001.doc
  -  The full report

 http://www.waymaker.net/bitonline/2003/02/18/20030218BIT00690/wkr0002.pdf 
  - The full report