Q3 2011

• Revenues totalled SEK 10,553 million (SEK 9,373 m)
• The operating profit totalled SEK 1,180 million (SEK 1,348 m)
  - The operating profit, excluding the revaluation of process inventory, totalled SEK 1,397 million (SEK 1,213 m)
• Free cash flow totalled SEK 820 million (SEK 1,203 m)
• Earnings per share totalled SEK 3.06 (SEK 3.33)

Nine months 2011

• Revenues totalled SEK 30,607 million (SEK 26,596 m)
• The operating profit totalled SEK 3,673 million (SEK 3,701 m)
  - The operating profit, excluding the revaluation of process inventory, totalled SEK 4,017 million (SEK 3,385 m)
• Free cash flow totalled SEK 479 million (SEK 1,352 m)
• Earnings per share totalled SEK 9.51 (SEK 9.30)

Contact persons for information:

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

Mikael Staffas, CFO Tel: (exchange): +46 8 610 15 00

Frans Benson, Director Investor Relations Tel: +46 8 610 15 23

Please find enclosed the full Report.