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Industrivärden

Net Asset Value • Oct 1, 2008

2928_rns_2008-10-01_2554f597-4460-4476-ae6a-4ca29d370e80.pdf

Net Asset Value

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Submitted for publication at 09:00 a.m. on October 1, 2008.

Net asset value as per September 30, 2008

Industrivärden's net asset value per share was SEK 87 as per September 30, 2008.

The closing price on September 30, 2008, was SEK 76.50 for Industrivärden Class A shares and SEK 69.25 for the Class C shares.

Stockholm, October 1, 2008 AB INDUSTRIVÄRDEN (publ)

For further information, please contact: Carl-Olof By, Executive Vice President, tel. +46-8-666 64 00

XLong-term industrial developer of listed Nordic companies

Industrivärden is one of the Nordic region's leading holding companies, with ownership in a concentrated selection of listed Nordic companies with good development potential. The goal is to generate high growth in net asset value over time.

AB Industrivärden (publ) Box 5403, SE-114 84 Stockholm, Sweden Phone +46-8-666 64 00, Fax +46-8-661 46 28 Internet: www.industrivarden.net E-mail: [email protected]