Press release; Nov 12, 1998 11:00 PM CET
Swedish Match has acquired distribution company in Hong Kong
M. Beraha & Co Ltd. is a distribution company of tobacco products in Hong Kong and Macao and also includes tax-free sales to and from China. The company has 16 employees and the sales in 1997 amounted to approximately SEK 19 million (HK$ 19 million).
Swedish Match is an international group with headquarters in Stockholm, Sweden. The company manufactures tobacco products, matches and disposable lighters, which are sold in 140 countries. Annual sales amount to approximately SEK 8 billion (USD 1 billion). Swedish Match is listed on the Stockholm Stock Exchange and NASDAQ.
For additional information, please contact:
| Bo Aulin, Senior Vice President, Corporate Affairs | Office: +46 8 658 03 64 |
| Mobile: +46 70 558 03 64 | |
| Residence: +46 8 768 45 22 | |
| Boel Sundvall, Vice President, Investor Relations | Office: +46 8 658 01 73 |
| Mobile: +46 70 651 39 09 | |
| Residence: +46 8 25 87 12 | |
| Sven Hindrikes, Senior Vice President & Chief Financial Officer | Office: +46 8 658 02 82 |
| Mobile: +46 70 567 41 76 | |
| Residence: +46 8 35 51 77 |
