Interim Report April 1- June 30, 2004 (3 months)

8/26/2004 11:35 AM EST

Lagercrantz Group AB
Interim Report April 1-June 30, 2004 (3 months)

· Net revenues increased to MSEK 387 (374).
· Income after tax totalled MSEK 0 (2).
· Earnings per share amounted to SEK 0.00 (0.08).
· New President & Chief Executive Officer and new divisional
management in
· Electronics from May 2004.
· Measures being taken to restore profitability in division
Electronics.

For further information, please contact:
Per Ikov, President & CEO, telephone +46 (8) 700 66 70
Niklas Enmark, CFO, telephone +46 (8) 700 66 70

Lagercrantz Group

Lagercrantz is a technology-trading organisation that operates within the areas of electronics, electrics, communication and associated fields. We occupy leading market positions in several expanding niches.

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Interim Report April 1- June 30, 2004 (3 months)