Repayment of SPP Pension Premiums

Alecta today has announced that Alecta as from 3 October 2002 will
tempoarily freeze all repayment of SPP premiums previously paid for. No
information is available on how long this temporary freezing might be.

The consolidated balance sheet of August 31st includes receivables
amounting to SEK Million 387 concerning future repayment of these funds.
There is an agreement with Alecta that nearly SEK Million 100 this
amount will not affected by the freezing and thus will be disbursed
during 2002 and 2003.

A revaluation of these receivables concerning Alecta will as usual be
done in the interim report for the first three quarters that will be
published on 23 October 2002.


Public Affairs
Ivar Ahlberg
Telephone + 46 8-45 45 734

SSAB

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