265,519,834 B-shares in Ericsson have been converted to the same number of A-shares in the first conversion round.

Shareholders in Ericsson have in the first conversion round tendered 265,519,834 B-shares for conversion to the same number of A-shares. As a result of the first conversion round, the total number of shares in Ericsson is now 921,738,474 A-shares and 15,210,520,204 B-shares. The A-shares are now representing 37.7 percent of the voting rights in Ericsson and the B-shares are representing 62.3 percent of the voting rights.

The closing date for applications for conversion of B-shares to A-shares is December 10, 2004. The application shall be made on a separate application form.

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