Bulletin from Investor AB's Annual General Meeting

Bulletin from Investor AB's Annual General Meeting

The Annual General Meeting approved the proposed dividend to
shareholders of SEK 2.25 per share. The record date was determined as
Friday, March 26, 2004. The dividend is scheduled to be distributed by
VPC AB (the Swedish Securities Register Center) on Wednesday, March 31,
2004.

The Meeting discharged the members of the Board and the President from
liability for fiscal year 2003.

Current board members Claes Dahlbäck, Sune Carlsson, Ulla Litzén,
Håkan Mogren, Anders Scharp, O. Griffith Sexton, Peter D. Sutherland,
Björn Svedberg, Jacob Wallenberg and Marcus Wallenberg were re-elected.

Sirkka Hämäläinen was elected new member of the board. Sirkka
Hämäläinen, born 1939 and Finnish citizen, is Docent at the Helsinki
School of Economics, Finland. Sirkka Hämäläinen is a former Member of
the Board of the European Central Bank, Frankfurt, and former Governor
and Chairman of the Board of the Bank of Finland (Finland's Central
Bank).

The Meeting approved a total compensation to the Board of Directors of
4,725,000 Swedish kronor, to be divided by the Board.

The Meeting authorized the Board to decide on the purchase and transfer
of the company's own shares in line with the Board's proposal.

The Meeting approved the decision by the Board of Directors regarding
the scope and key principles of the 2004 employee stock option plan and
a combined employee stock option and share plan for 2004.

The Meeting decided to approve the proposal of the Board of Directors
that Investor, at the General Meeting of Ericsson, shall approve the
proposal to change the voting rights of class B-shares issued by
Ericsson. Such proposal has been presented by a group of large owners of
class A- and B-shares in Ericsson.

The Annual General Meeting decided that the nomination process is
arranged so that, not later than six months prior to the next ordinary
general meeting, four of the largest shareholders appoint their
respective representative (who should not be Board members of Investor
AB), who, together with the Chairman of the Board, prepare a proposal
for the election of Board members which will be submitted to the Annual
General Meeting for decision. The names of the four representatives
shall be made public immediately after their appointment. If the group
of major shareholders should change during the nomination process, the
composition of the Nomination Committee is to be changed to reflect
this.

At a statutory Board meeting in conjunction with the Annual General
Meeting, Claes Dahlbäck was elected Chairman of the Board. Jacob
Wallenberg was elected Vice Chairman.

Claes Dahlbäck (Chairman), Anders Scharp, Peter D. Sutherland and
O. Griffith Sexton were elected to the Compensation Committee. Sune
Carlsson (Chairman), Claes Dahlbäck and Håkan Mogren were elected to the
Audit Committee. Björn Svedberg (Chairman), Ulla Litzén, Sirkka
Hämäläinen and Marcus Wallenberg were elected to the Finance and Risk
Committee.

Board of Directors
INVESTOR AB

For further information please contact:

Fredrik Lindgren, Vice President, Corporate Communications,
+46 8 614 2031, +46 735 24 2031