INTERIM REPORT

January – March 2004

• Sales amounted to SEK 3,813 m. (4,033).
• Net income for the period amounted to SEK 205 m. (119).
• Earnings per share amounted to SEK 1.92 (1.12).
• Order bookings in the first quarter totaled SEK 4,223 m. (6,316) and the order backlog thereby amounts to slightly SEK 46 billion.
• Operating income amounted to SEK 305 m. (226) and income after financial items was SEK 303 m. (178).

For further information, please contact:
Lars Wahlund, Group Senior Vice President,
Corporate Financial Control Tel. +46-13-18 71 35
Iréne Svensson, Group Senior Vice President,
Corporate Communications Tel. +46-8-463 01 30

Press conference with CEO Åke Svensson:
Today, Monday, April 19, 1:00 p.m. (CET),
World Trade Center, Stockholm

Telephone interview with CEO Åke Svensson:
Today, Monday, April 19, 2004
Contact Peter Larsson Tel.+46-734-18 00 18

International teleconference:
Today, Monday, April 19, 3:00 p.m. (CET)
Contact Marita Sidén for registration and further information Tel. +46-13-18 71 49 Tel. +46-734-18 71 49

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