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Carl Johan Högbom To Leave OM

Date 27/11/2000

Carl Johan Högbom, who has been President of the OM Stockholm Exchange for the past two years, will leave OM mid-January 2001 in order to pursue his own business interests.

We regret losing such a competent and valued colleague, but we have taken onboard Carl Johan's wishes and have now come up with a solution that suits both parties, comments Niklas Midby, head of OM's Transaction business area.

I have worked within the OM Stockholm Exchange for a long time. It has been a fantastic period of my life and I have learned an enormous amount, but I now feel that it is time for me to try something different, explains Carl Johan Högbom, President of the OM Stockholm Exchange.

OM is currently in the process of recruiting Mr Högbom's successor, who will be at the business area's disposal until his departure from OM. Simon Nathanson, CEO of the OM Fixed Income Exchange, will for the time being, hold the position of acting Head of the exchange.