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Ericsson reduces its share in Intracom S.A.

12/30/1998 10:15 AM EST - Ericsson

ERICSSON REDUCES ITS SHARE IN INTRACOM S.A.

Ericsson has sold part of its shares in the Athens Stock Exchange listed
company Intracom S.A. According to an agreement, the present major
shareholders of Intracom S.A., Mr. S Kokkalis and C. Dimitriadis have
purchased 60 percent of Ericsson's previous holding in Intracom S.A.

Ericsson has now reduced its ownership...

Scandic reduces its ownership in the property company Hotellus

12/30/1998 6:37 AM EST - SCANDIC HOTELS

Scandic Hotels AB has sold shares in Hotellus International AB, whereby
Scandic's ownership interest has been reduced to under 50%. As a consequence
Hotellus International's role changes from that of subsidiary company to
associated company.

After Hotellus Internationals latest acquisitions the company's total assets
amounts to aprox.
SEK 1.7 billion. The value of Scandics...

Electroluxs sale of Gotthard Nilsson finalized

12/30/1998 6:31 AM EST - Electrolux

Electrolux's sale of Gotthard Nilsson finalized

The sale of the Gotthard Nilsson Group to Stena Metall AB was approved by the
competition authorities and has now been finalized. The sale was presented
preliminarily in a press release on November 12 earlier this year.

Gotthard Nilsson operates in Scandinavia in both recycling and secondary
aluminum manufacturing. Gotthard Nilsson,...

Volvo Aero Turbines (UK) signs gas turbine agreement with Honeywell Control Syst...

12/30/1998 5:27 AM EST - Volvo

VOLVO AERO TURBINES (UK) SIGNS GAS TURBINE AGREEMENT WITH HONEYWELL CONTROL
SYSTEMS

Volvo Aero Turbines (UK) Ltd. has signed a Memorandum of Understanding (MoU)
with Honeywell Control Systems Ltd.

The agreement makes Volvo Aero Honeywell's preferred supplier particularly
when it comes to gas turbine installations in the UK healthcare market. The
main area of...

BioPhausia sells rights to Hyskon

12/29/1998 6:00 AM EST - Biophausia

®

BioPhausia has sold all its rights to the Hyskon® dextran-based gynecological
product to Cooper Surgical, a US instrument and gynecological company, for a
lump sum of SEK 17 M.

Including the previous sale of dextran operations to Pharmalink Basläkemedel,
BioPhausia has now divested its entire dextran business, resulting in net cash
proceeds of SEK 36 M. This latest...

Scania heading for record year in France

12/29/1998 5:28 AM EST - Scania

Concentration on major customers yields results:

In France, Scania's concentration on haulage firms with large fleets has
yielded results. With a 30 percent increase in sales to a total of about 4,000
trucks, 1998 is about to become a record year.

"Our success with large fleet customers is the product of a long-term
programme of investment in our dealer and service network....

Wallenstam sells commercial property on Hisingen

12/28/1998 9:00 AM EST - WALLENSTAM

Wallenstam has agreed to sell a 3.467 m² commercial property on Hisingen in
Gothenburg for SEK 33 million, which is equivalent to more than 9.500/m². The
sale will generate a capital gain of about SEK 10 million and an estimated
direct return of 6%.

Gothenburg, 28 December 1998

Lennart Wallenstam Byggnads AB (publ)

For further information, please contact Thomas Dahl,...

Securitas sells fire alarm operations in France December 24, 1998

12/28/1998 4:00 AM EST - Securitas

According to plan, and as previously announced, Securitas has had the intention to sell the fire alarm companies Proteg Incendie and Proteg Extincteurs in France. As a consequence thereof, Securitas has today entered upon an agreement with Williams PLC as to complete the sale of these companies.

These operations, which post sales of approximately MSEK 600 (MFFR 425) on an annual basis, constitute a minor part of...

SCA to appeal tax authorities decision

12/23/1998 10:22 AM EST - SCA

The tax authorities in Gothenburg have resolved to disallow a tax loss that
was recognized by SCA in 1996 in relation to the restructuring of the Group's
operations in France.

The loss crystallised when the then SCA Mölnlycke AB sold its majority
shareholding in Peaudouce SA to Mölnlycke Holding BV, in the Netherlands.
Peaudouce SA conducted the branded diaper operations that were sold...

Scandic continues to reduce its ownership interests in the property company, Hot...

12/23/1998 7:57 AM EST - SCANDIC HOTELS

Scandic continues to reduce its ownership interests in the
property company, Hotellus, which has acquired two new properties.

Hotellus International AB has acquired another two properties, Scandic Hotel
Crown in Gothenburg and an hotel in central Brussels. The Scandic ownership
interest in Hotellus has thereby been reduced from 61% to 53%.

At the turn of the financial year1997/98...

1998

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