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.

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.

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For further information, please contact

Peter Olofsson
Ericsson Group Function Communications
Telephone: +46 8-719 18 80, +46 8-719 69 92
E-mail: press.relations@ericsson.com