Investor AB

Earnings Release • May 8, 2008

Press Release

Stockholm, May 8, 2008

3 Scandinavia reaches breakeven in Sweden

3 Scandinavia announced today that its operations in Sweden reached EBITDA breakeven (earnings after deducting all customer acquisition and retention costs but before net financial items, taxes, depreciation and amortization) for the month of April. As communicated earlier, 3 Scandinavia's total operations, i.e. the combined results of both Sweden and Denmark, are expected to reach EBITDA breakeven on a monthly basis in 2008.

INVESTOR AB

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Investor AB is the largest industrial holding company in the Nordic region. For almost a century, Investor's business concept has been to generate solid long-term returns by investing in companies with attractive potential for value creation. We are an active owner who applies our experience, knowledge and network to develop both listed and unlisted holdings and make them best-in-class. Investor conducts investment activities from Northern Europe, the United States and Asia.