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Press release 
Ericsson will report first quarter gross margin higher than level achieved in fourth quarter

The main reason for the improvement is better than anticipated benefits of cost of sales reduction activities.
 
The sales outlook for the first quarter remains unchanged. Sales are expected to show a sequential decrease due to seasonality but to show moderate growth year-over-year.
 
First quarter results will be announced 07.30 a.m. CET, on April 23, 2004.

Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
Read more at: http://www.ericsson.com/press

FOR FURTHER INFORMATION PLEASE CONTACT

Henry Sténson, Senior Vice President, Communications
Phone: +46 8 719 4044; E-mail: investor.relations@ericsson.com or press.relations@ericsson.com

Investors
Gary Pinkham, Vice President, Investor Relations
Phone: +46 8 719 0000; E-mail: investor.relations@ericsson.com

Media
Pia Gideon, Vice President, Market and External Communications
Phone: +46 8 719 2864, +46 70 519 8903; E-mail: press.relations@ericsson.com

Åse Lindskog, Director, Head of Media Relations
Phone: +46 8 719 9725, +46 730 244 872; E-mail: press.relations@ericsson.com