Interim Report, January-September 2008

Falling metal prices causes profit decline in third quarter

Q3 2008
· Revenues totalled SEK 7,513 million (SEK 8,166 m).
· The operating profit was SEK -142 million (SEK 1,332 m).
· Earnings per share totalled SEK -0.49 (SEK 3.20).
· The free cash flow totalled SEK -117 million (SEK 62 m).

First nine months, 2008
· Revenues totalled SEK 24,700 million (SEK 25,913 m).
· The operating profit was SEK 1,495 million (SEK 4,838 m).
· Earnings per share totalled SEK 5.07 (SEK 11.96).
· The free cash flow totalled SEK 1,371 million (SEK 1,630 m).

Contact persons for information:

 Lennart Evrell, President & CEO	
 Tel (exchange): +46 8 610 15 00 
 [email protected]

 Carina Wång, Acting CFO	    
 Tel (exchange):+46 8 610 15 00
 [email protected]
 	
 Stefan Lundewall, Acting IR contact	    
 Tel: +46 70 208 32 13
 [email protected]

See attached the complete Interim Report

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