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Press Release
WKR: Board's proposal for redemption of shares in Elekta

BOARD’S PROPOSAL FORREDEMPTION OF SHARES IN ELEKTA

  • The Board proposes a redemption of every seventeenth share for SEK 165 per share
  • Through the redemption, approximately SEK 319.8 million is proposed to be transferred to the shareholders

The Board of Directors of ElektaAB (publ) has today established the conditions for its proposalregarding redemption of shares to the Annual General Meeting tobe held on September 22, 2003. According to the proposal, everyseventeenth share may be redeemed for SEK 165 in cash. For everyshare held in Elekta, one redemption right will be received.Seventeen redemption rights entitle the holder to redeem oneshare. Assuming full acceptance of the redemption offer,approximately 1.9 million shares will be redeemed andapproximately SEK 319.8 million transferred to the shareholdersin Elekta.

Time table (assuming the AnnualGeneral Meeting’s approval):

Last day of trading shares inElekta
including redemption rights: September 30, 2003

First day of trading shares inElekta
excluding redemption rights : October 1, 2003

Record date for receivingredemption rights: October 3, 2003

Information brochure andapplication
form distributed: October 8, 2003

Application period: October 13– November 11, 2003

Trading in redemption rights on
Stockholmsb�rsen October 13 – November 6, 2003

A sale of up to 2,000 redemptionrights free of commission will be provided through D. Carnegie AB("Carnegie") during October 13 – October 31, 2003following a specific application procedure. Before payment of theredemption proceeds can be made, the court’s permission mustbe obtained and the permission registered with the Swedish Patentand Registration Office, which is estimated to take place at theend of March 2004.

Carnegie is the financial advisorto Elekta AB in connection with the redemption offer.

 

For further information, pleasecontact:
Shareholders who whish to receive further informationregarding the application procedure etc. in the redemption offer,may call Carnegie’s transaction support at +46 8 588 694 81.

Other inquiries:
Peter Ejemyr, Group VP Corporate Communications, Elekta AB (publ),
Phone: +46 8 587 254 00, e-mail: peter.ejemyr@elekta.com

Elekta is a world-leading supplierof advanced and innovative radiation oncology and neurosurgerysolutions and services for precise treatment of cancer and braindisorders. Elekta's solutions are clinically effective, costefficient and gentle to the patient.

For additional information aboutElekta, visit www.elekta.com


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