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SEB: Tom Vidar Rygh New CEO of Enskilda Securities

Tom Vidar Rydh has been appointed CEO of Enskilda Securities. Up to and including 2001, Tom Vidar Rygh was Executive Vice President of Orkla AS and responsible for Orkla Securities, which was acquired by Enskilda Securities in 2000. After that and until he left Orkla AS, he was a Board member of Enskilda Securities.

Since 2001, Tom Vidar Rygh has been running his own business and served as a Board member in several public companies. For example, he is the Chairman of the Norwegian Telenor company and Deputy Chairman of the Swedish company Industrikapital. Previously, he was the Chairman of the Oslo Stock Exchange and a Director of the Norwegian companies Dyno ASA and Storebrand ASA as well as the Danish Carlsberg Breweries.

Annika Bolin, Head of Corporate & Institutions: "We are very pleased that Tom Vidar Rygh will join Enskilda Securities. He is experienced both within corporate finance and the capital markets through his previous assignments. In addition, his various directorships have given him a vast experience of Scandinavian corporations, which we value highly.

"In spite of the tough market conditions in recent times, Enskilda Securities has managed to strengthen its market position, as demonstrated in the recent ratings."

Tom Vidar Rygh, new CEO of Enskilda Securities: "I am looking forward to returning to a more operational function. I know Enskilda Securities since earlier and have a great respect for its quality and skills. I feel strongly for pursuing the strategy that has led Enskilda to a top position in the Nordic area."

Tom Vidar Rygh will leave all his directorships in public companies.

For further information, please contact:


Gunilla Wikman, Head of Group Communication
tel. +46 8 763 81 25 or +46 70 763 81 25

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The following files are available for download:


www.waymaker.net/bitonline/2002/12/03/20021203BIT00170/wkr0001.doc
www.waymaker.net/bitonline/2002/12/03/20021203BIT00170/wkr0002.pdf