eng

Kinnevik: Notice of annual general meeting

4/15/2004 8:00 AM

The shareholders of Industriförvaltnings AB Kinnevik are hereby invited to the Annual General Meeting on Thursday 13 May 2004 at 11.00 a.m. CET at Brasserie by the Sea, Tullhus 2, Skeppsbron, Stockholm.
 
NOTIFICATION
Shareholders who wish to participate at the Annual General Meeting shall:
 
- have their names entered in the register of shareholders maintained by VPC AB (the Swedish Securities Register Centre) on Monday 3 May 2004
- notify the company of their intention to participate by no later than 3.00 p.m. on Friday 7 May 2004. The notification shall be made on the company's website at www.kinnevik.se , by telephone on +46-433-747 56 or in writing to the company at:
 
Industriförvaltnings AB Kinnevik
P.O. Box 2094
SE-103 13 Stockholm, Sweden
 
When giving notice of participation, the shareholder should state name, personal identification number (or company registration number), address, telephone number, shareholdings and any advisors attending. Shareholders who wish to be represented by a representative shall submit a written power of attorney giving authorisation to a specific person together with the notice of participation. Written notifications should be marked "AGM".
 
Shareholders whose shares are registered in the names of nominees must temporarily re-register the shares in their own name in order to be entitled to participate in the Meeting. Shareholders wishing to re-register must inform the nominee well in advance of 3 May 2004.
 
PROPOSED AGENDA
  1. Election of Chairman of the Meeting.
  2. Preparation and approval of the voting list.
  3. Approval of the agenda.
  4. Election of one or two person(s) to check and verify the minutes.
  5. Determination of whether the Meeting has been duly convened.
  6. Presentation of the annual report and auditors' report and of the consolidated financial statements and the auditors' report on the consolidated financial statements.
  7. Decision on the adoption of the income statement and balance sheet and of the consolidated income statement and consolidated balance sheet.
  8. Decision on the proposed treatment of the company's unappropriated earnings or accumulated losses as stated in the adopted balance sheet.
  9. Decision on the discharge of the liability of the members of the Board of Directors and the Managing Director.
  10. Determination of the number of members and deputy members of the Board of Directors and the number of auditors and deputy auditors.
  11. Determination of the fees of the members of the Board of Directors and the auditors.
  12. Election of the members and deputy members of the Board of Directors.
  13. Proposal from the shareholder, the Swedish Shareholders' Association that the Meeting should:
    a) elect a nomination committee;
    b) authorise the Board of Directors to elect a remuneration committee; and
    c) authorise the Board of Directors to elect an audit committee.
  14. Closure of the Meeting.
 
DIVIDEND (item 8)
The Board of Directors proposes that the Meeting resolves on a dividend for the fiscal year 2003 corresponding to SEK 5.50 per share. The Board of Directors further proposes that the record date for the dividend shall be Tuesday 18 May 2004.
 
BOARD OF DIRECTORS (item 12)
Its is proposed that Anders Fällman, Edvard von Horn, Wilhelm Klingspor, Stig Nordin, Cristina Stenbeck and Dag Tigerschiöld shall be re-elected as Board members.
 
The above proposal is supported by shareholders representing more than 50 percent of the votes in the company including inter alia Emesco AB, Invik & Co. AB, SEB Fonder and SEB Trygg Liv.
 
Stockholm, April 2004
 
BOARD OF DIRECTORS
 
For further information, please visit www.kinnevik.se or contact:
Vigo Carlund, CEO, Industriförvaltnings AB Kinnevik tel: +46 8 5620 0000
Henrik Persson, Investor & Press Relations tel: +44 20 7321 5010
 
Industriförvaltnings AB Kinnevik was established in 1936 as an investment holding company. The Company's objective is to increase shareholder value, primarily through net asset value growth. The business consists of operating companies such as farming company MSLA and cartonboard and paper producer Korsnäs AB, and a portfolio of long-term investments in a select number of listed companies such as Tele2 AB, Modern Times Group MTG AB, Millicom International Cellular S.A., Metro International S.A., Transcom WorldWide S.A. and Invik & Co. AB. Kinnevik plays an active role on the Boards of its subsidiaries and associated companies.
 
Kinnevik's ?A' and ?B' shares are traded on the Stockholmsbörsen ?A-list'.