Altor and Bure Assume Ownership of Carnegie Investment Bank AB

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Tue May 19, 2009 4:51am EDT

STOCKHOLM, Sweden--(Business Wire)--
Regulatory News: 

Today, all shares in Carnegie Investment Bank were transferred to Altor and
Bure. The Swedish Financial Supervisory Authority and the appropriate
authorities in the countries in which Carnegie is active have granted the
required permits in the owner evaluation. The Swedish National Debt Office
reached an agreement on February 11, 2009 regarding the sale of the shares in
Carnegie Investment Bank AB to Altor Fund III and Bure Equity AB. 

An Extraordinary General Meeting has been held at which a new Board of Directors
was appointed for Carnegie Investment Bank AB. The new Board consists of Arne
Liljedahl (Chairman), Björn Björnsson, Fredrik Cappelen, Harald Mix, Fredrik
Strömholm and Patrik Tigerschiöld. 

"Carnegie has experienced a highly trying period and I am impressed by the
employees` efforts, which were reflected in recent recognitions from customers.
I am convinced that the new owners will provide Carnegie a new start with ample
opportunity to develop the business", says outgoing Chairman Peter Norman. 

"As incoming Chairman, I look forward to the opportunity to influence the next
chapter of Carnegie`s history. I have worked in the finance industry for a long
time and know the kind of driven and committed employees found at Carnegie.
Together with the management team, the Board will now work out the roadmap for
the coming years aiming to develop the business while retaining focus on risk
management and internal control", says Arne Liljedahl, incoming Chairman of
Carnegie Investment Bank AB. 

Carnegie Investment Bank AB (publ) is a leading independent investment bank with
Nordic focus. Carnegie provides value-added services in securities brokering,
investment banking, asset management and private banking. Carnegie has
approximately 750 employees in eight countries. 

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Andreas Koch, Head of Communications,
phone: +46 73 417 86 39 

Copyright Business Wire 2009

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