Statutory Board of Directors meeting in Lagercrantz Group AB 24 August 2005

At the Statutory Board of Directors meeting following the General Meeting, Anders Börjesson was re-elected as Chairman and Tom Hedelius was re-elected as Vice Chairman. Per Ikov was appointed to continue to serve as President & Chief Executive Officer. Stockholm, 24 August 2005 Lagercrantz Group AB (publ) Board of Directors For further information, contact: Per Ikov, President & Chief Executive Officer, Lagercrantz Group AB, telephone +46 8 700 66 70