New CEO for Castellum

Gothenburg, October 21, 1999

Castellum’s CEO, Thomas Alexandersson, will resign at the AGM in 2000. The new CEO will be Lars-Erik Jansson, who is Deputy CEO of Castellum. The company’s Chief Financial Officer, Håkan Hellström, has been appointed Deputy CEO.

Castellum AB’s Chief Executive Officer, Thomas Alexandersson, will resign his post at the AGM on 22 March 2000. The new Chief Executive Officer will be Lars-Erik Jansson, who is currently Deputy CEO of Castellum AB. Lars-Erik Jansson, born in 1945, has been with the company since the start in 1994. Castellum’s Chief Financial Officer, Håkan Hellström, has been appointed Deputy CEO, while retaining his present responsibilities.

- "Next year I shall be 55 and it will be 20 years since my first appointment as CEO," comments Thomas Alexandersson. "In view of this, I have decided not to hold an executive post any longer, and I shall therefore resign at the AGM next spring. I note with great satisfaction that the Board has appointed Lars-Erik Jansson as my successor."

- "Castellum has developed into a robust real estate company, which is stronger than ever today," stresses Lars-Erik Jansson.

"I have been involved in the whole process, which has led to the present Castellum, and am also well aware of the company’s potential. I look forward with great enthusiasm to continuing to develop Castellum in my new position," says Lars-Erik Jansson.

For further information, please contact
Jan Kvarnström, Chairman of the Board, tel 0044 1 895 878 710

Thomas Alexandersson, CEO, tel 031-60 74 00

Lars-Erik Jansson, Deputy CEO, tel 031-60 74 00