Press release from the Annual General Meeting of Hexagon

5/3/1999 1:47 PM EST

PRESS RELEASE FROM THE ANNUAL GENERAL MEETING OF HEXAGON

The annual general meeting of Hexagon which was held today on 3 May 1999 in
Stockholm was attended by roughly 200 participants. At the meeting, the
customary matters were dealt with, including the disposition of the earnings
from 1998 and the election of Members of the Board of Directors.

Dividend

The annual general meeting decided to approve dividend to SEK 5.00 (5.00) per
share, which is in agreement with Hexagon´s dividend policy. The dividend
constitutes 36% (26) of the earnings per share after full tax and 5.1% (5.5)
of the Group´s adjusted shareholders´ equity.

As recordal day for the dividend, 6 May 1999 was approved, and it is expected
that dividend will be paid on 14 May 1999.

Election of Board of Directors

Board Members Maths O Sundqvist, Börje Andersson, Hans Nergårdh and Sven
Ohlsson were re-elected. Melker Schörling and Carl-Henric Svanberg were
elected as new Board Members.

President Börje Andersson´s address to the Meeting (abstract)

Börje Andersson began by ascertaining that, over the last five year period,
the Hexagon Group had increased its earnings from MSEK 129 to MSEK 313 and
that invoicing had risen from SEK 1.6 billion in 1994 to close on SEK 5.0
billion in 1998.

The earnings outcome for 1998 rose by 3% from MSEK 304 to MSEK 313, excluding
the capital gains item of MSEK 84 which arose in connection with the Stock
Exchange listing of Svedbergs in 1997.
The earnings outcome for the first quarter of 1999 amounted to MSEK 58 (63).
The slowdown in the economy as well as the inflow of orders which made their
presence felt towards the end of 1998 has continued and negatively affected
invoicing.

In conclusion, Mr. Andersson made the following forecast for the whole of
1999:

"Against the background of the weak inflow of orders and the prevailing
economic climate of the first quarter, earnings for 1999 are assessed as
amounting to a considerable shortfall in comparison with last year."

HEXAGON AB (publ)