Lundbergs' Annual General Meeting

Lundbergs' Annual General Meeting on Monday adopted the Board of Directors' proposal that a dividend of SEK 8.50 per share be paid for the 2006 fiscal year, an increase compared with the SEK 7.75 paid for the preceding year. The record date for dividends is April 26, 2007 and the dividend payment date is May 2, 2007.

Gunilla Berg, Lennart Bylock, Tom Hedelius, Fredrik Lundberg, Sten Peterson, Bengt Pettersson, Per Welin och Christer Zetterberg were re-elected to the Board. Per Welin was re-elected Chairman of the Board.

In accordance with a proposal from the Board, the Meeting also voted to authorize the Board to make decisions regarding the repurchase of Series B Lundberg shares during the period up to the next Annual General Meeting. The purchases are to be made on the Stockholm Stock Exchange and be subject to the limit that Lundbergs' holding may not exceed 10% of the total number of Company shares. The Company's holding of Lundberg shares currently amounts to 145,483 Series B shares, corresponding to 0.2% of all the shares in the Company.

George Pettersson was appointed new auditor of the Company and Kjell Bidenäs was re-elected as auditor
of the Company, both for a period of 4 years. Carl Lindgren and Hans Åkervall was re-elected as deputy auditors for a period of 4 years.

During his address to the Meeting, Company President Fredrik Lundberg reported on Lundbergs' business trend. In the past five years, the total return on the Lundberg share has averaged 26% per year. This may be compared with the return index for the stock market as a whole, which grew by an average of 13% per year during the same period. In 2006, Lundbergs' net asset value rose by 27%, after the dividend had been detached, and the total return was 35%.

It was also reported that on April 19, 2007 net asset value after deferred tax amounted to SEK 589 per share, compared with SEK 535 per share on December 31, 2006.

Stockholm, April 23, 2007

L E Lundbergföretagen AB (publ)