BTL has sold the air and sea freight division, the Wilson Group, to the
venture capital company, Nordic Capital. The parties reached agreement today 3
June. The deal includes BTL's wholly-owned Italian sea and air freight
company, Castelletti Overseas, and BTL's 23% shareholding in Combined
Logistics which is listed in Canada.

In connection with the deal, BTL has agreed additionally to purchase about 70%
of Combined Logistics. This shareholding will also be taken over by Nordic
Capital. An offer to purchase the remaining shares in Combined Logistics will
be submitted.

The total business which BTL will transfer to Nordic Capital, including
Combined Logistics, has an estimated turnover of SEK 5.7 billion and employs
2,300 staff in 33 countries.

Together with the German transport group Schenker, BTL runs an established
pan-european network for land transport and logistics under the name...