OM:

Increased competition between exchanges, as well as other trading networks, is an important catalyst for the changes currently taking place among exchanges all over the world as they are transformed from member-owned cooperatives to limited companies run for profit. We have anticipated this trend and have prepared ourselves for it over a long period of time. Efficient transaction technology is probably the main competitive advantage an exchange can have. For a profit-maximising exchange organisation it is more important than ever to invest in the right technology at the right price. And as the world's leading company in the development of exchange systems we will definitely benefit from this, stated OM's CEO Per E. Larsson, in his address to the Annual General Meeting of shareholders at Stockholm's Koncerthuset last night.

The dividend has been fixed at SEK 6.00 (5.00) per share and the record day for the distribution will be March 23, 2001. The dividend is expected to be distributed by VPC on March 28, 2001.

Gunnar Brock was elected as a new Board member and Jan Carendi, Thomas Franzén, Per E. Larsson, Nils-Fredrik Nyblæus, Sven Nyman, Bengt Rydén and Olof Stenhammar were all re-elected. Lars Irstad had requested not to be considered for re-election.

The Meeting voted for two changes to be made to the articles of association; with effect from March 20, 2001 the company's corporate name is to be OM AB and the share capital shall amount to no less than a minimum level of SEK 168,000,000 and shall not exceed a maximum level of SEK 672,000,000.

The Meeting also voted to approve an options program for the employees of Jiway Holdings Limited and its subsidiaries. The conditions of this options program are set out in the notice to attend the Meeting and may also be accessed at OM's office.

Stephan Tolstoy was re-elected as auditor and Hans Jacobson was re-elected as deputy auditor.

Per E. Larsson's address to the Meeting can be read in its entirety on OM's website (www.omgroup.com).