Länsförsäkringar Liv to closely analyse decision by Financial Supervisory Authority

10/7/2009 11:06 AM EST

Håkan Danielsson, President of Länsförsäkringar AB, said the following:
“The Swedish Financial Supervisory Authority stated in its rejection that we fulfil all of the conditions for demutualisation to a profit-distributing life-assurance company except with regard to crediting (distributing profits to policyholders). We do not share the Financial Supervisory Authority’s opinion in this respect. Also, we do not believe that the Authority’s opinion is in accordance with previous demutualisations that have taken place.”

For further information, please contact
Håkan Danielsson, President, Länsförsäkringar AB, +46 73 964 11 42
Jörgen Svensson, President, Länsförsäkringar Liv, +46 73 964 06 08
Christer Baldhagen, Senior Vice President Corporate Communications, Länsförsäkringar AB, +46 70 579 70 66