Telephone Conference on Observer Interim Report

8/1/2003 4:03 AM EST

Tuesday August 5, at 11.30 AM (CET)

Observer AB invites you to participate in a telephone conference on the
Interim Report January - June 2003, Tuesday August 5 at 11.30 am (CET).
Robert Lundberg, CEO, Anders Lundmark, CFO, and other group managers
will participate in the conference.

In order to participate, please call +44 (0) 20 7162 0194 and state
password: Observer.

The Interim Report will be published on Tuesday August 5, at
approximately
09:00-09:30 am (CET).

Observer AB (publ)

For further information, please contact:

Eva Rathsman, Assistant, Corporate Communications, phone +46 (0) 8 507
410 13/
+46 (0) 70 611 81 87, e-mail:  

Per Blixt, Senior VP Corporate Communications, phone +46 (0) 8 507 410
12/
+46 (0) 70 549 28 08, e-mail:  

Replay
Telephone replay will be available until August 18, 2003. Call: UK +44
(0) 20 8288 4459 Access code: 793372.

This press release is also available online at www.observergroup.com