Toyoda Automatic Loom Works, Ltd. has received acceptances for 94.2
percent of the shares and votes of BT Industries AB (publ)

Toyoda Automatic Loom Works, Ltd.'s ("TAL") public offer for all
outstanding shares in BT Industries AB (publ) ("BT Industries") has,
during the regular acceptance period that expired on June 2, 2000, been
accepted to such an extent that the shares tendered, together with the
25.1 percent in BT Industries that TAL acquired on May 31, 2000, represent
94.2 percent of the shares and voting rights in the company.

On June 5, 2000, TAL announced that the condition of a 90 percent level of
acceptance had been fulfilled. The offer is still subject to necessary
clearances from the relevant competition authorities. Such clearances are
expected to be obtained on or around June 15, 2000.

As announced earlier, to permit participation in the offer by BT
Industries...