In connection with Ericsson’s rights offering, Citibank, N.A., as ADS rights agent, has agreed to provide holders of ADS rights with additional time to exchange their rights for B share rights. Citibank has agreed to extend the deadline to exchange ADS rights for B share rights until 5:00 p.m. (New York City time) on August 27, 2002.

This announcement is not an offer of securities for sale in the United States. No securities should be offered or sold in the United States absent registration or an exemption from registration, and any offer of securities to be made in the United States will be made by means of a written prospectus meeting the requirements of Section 10 of the United States Securities Act of 1933, as amended, that may be obtained from Ericsson, Telefonvägen 30, Stockholm, Sweden, which will contain detailed information about Ericsson and it’s management, and Ericsson’s financial statements.