On April 9, 2008 the Annual General Meeting decided on a reverse split of shares 1:5 and a B-share/ADS ratio change from 10:1 to 1:1.

At the same time the quotient value of the share was increased from SEK 1 to SEK 5.

As of December 31, 2008, Ericsson’s share capital was SEK 16,231,758,678 represented by 3,246,351,735 shares.

As of December 31, 2008, the shares were divided into 261,755,983 Class A shares, each carrying one vote, and 2,984,595,752 Class B shares, each carrying one-tenth of one vote.

As of December 31, 2008, Ericsson held 61,066,097 Class B shares as treasury shares. There were 19,900,000 shares repurchased by Ericsson in 2008.

Ericsson’s Class A and Class B shares are traded on NASDAQ OMX Stockholm, under the symbols ERIC-A and ERIC-B.

In the United States, the Class B shares are traded on NASDAQ in the form of American Depositary Shares (ADS) evidenced by American Depositary Receipts (ADR) under the symbol ERIC. Each ADS represents one Class B share.

On April 15, 2008, the Ericsson Class B-share was de-listed from the London Stock Exchange.

In 2008, Ericsson’s total market value decreased by about 22 percent to approximately SEK 191 billion.

The OMXSP Index on NASDAQ OMX Stockholm decreased by 42 percent.

The NASDAQ telecom index (CUTL)decreased by approximately 43 percent and the NASDAQ composite index (CCMP) decreased by approximately 41 percent in 2008.

As of December 31, 2008, Ericsson had 728,333 shareholders registered at Euroclear Sweden AB (former VPC AB) (the Swedish Securities Register Center), of which 1,469 holders with a US address.

According to information provided by Citibank, there were 329,803,670 ADSs outstanding as of December 31, 2008, and 5,192 registered holders of such ADSs. A significant number of the ADSs are held of record by banks, brokers and/or nominees for the accounts of their customers. As of December 31, 2008, banks, brokers and/or nominees held ADSs on behalf of 361,915 accounts.

According to information known at year-end 2008, almost 80 percent of our Class A and Class B shares were owned by institutions, Swedish and international.