Skandia Comments on Trading Halt


STOCKHOLM, Sweden, May 13, 2005 (PRIMEZONE) -- In view of today's suspension of trading in Skandia shares, the company is providing the following information.

For some time now there have been speculations about different strategic possibilities as regards Skandia's future direction and about the value of Skandia's shares. Skandia also frequently receives various proposals from potential partners.

No proposal has been such that it requires further comment. As communicated previously, Skandia has long had a policy of not otherwise commenting on rumours regarding strategic possibilities or the value of Skandia's shares.

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