Lundbergs Year-End Report 2010

· On December 31, 2010, net asset value after deferred tax amounted to SEK 37.2 billion (SEK 600 per share), compared with SEK 28.0 billion (SEK 452 per share) at December 31, 2009. The corresponding values on February 21, 2011 were SEK 36.2 billion (SEK 584 per share).

· Consolidated net sales amounted to SEK 21,171 m. (21,073).

· Operating profit totaled SEK 5,978 m. (2,987). Operating profit excluding impairment losses, reversals of impairment losses and unrealized changes in value amounted to SEK 3,406 m. (3,544).

· Profit after taxes amounted to SEK 3,941 m. (2,119), of which minorities accounted for SEK 1,458 m. (531).

· Earnings (excluding minorities) per share amounted to SEK 40.05 (25.61).

· An increase in the dividend to SEK 7.50 (6.50) per share is proposed.

· The Board of Directors proposes a 1-for-1 bonus issue with the record date in mid-May, whereby each series A share will provide entitlement to one new series A share and each series B share will provide entitlement to one new series B share.

· In December, an agreement was reached concerning the sale of the entire holding of shares in Cardo for SEK 4.7 billion, generating a capital gain of SEK 2.5 billion.