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Management of SecuritiesChanges in Equities Portfolio 2007No. changes Holding MarketListed shares and Holding Purchases, 1 Jan-31 Dec 31st value % ofother securities 1st January issues Split, swap Sales December SKr million portfolioListed SharesHennes & Mauritz, B 170,000 70,000 100,000 39.4 16.8SCA, B 70,000 20,000 180,000 50,000 220,000 25.2 10.8Gunnebo 372,000 60,000 72,000 360,000 23.4 10.0Cardo 120,000 20,000 40,000 100,000 20.1 8.6Sandvik 190,000 30,000 160,000 17.8 7.6Transatlantic, B 280,000 145,000 25,000 400,000 17.2 7.3Trelleborg, B 300,000 150,000 350,000 100,000 13.6 5.8SKF, B 200,000 106,000 94,000 10.3 4.4Getinge, B 300,000 250,000 50,000 8.7 3.7Transcom, B 50,000 50,000 2.4 1.0Midelfart Sonesson, B 200,000 200,000 2.0 0.9Cision (former Observer) 200,000 100,000 100,000 1.7 0.7ABB Ltd. 100,000 100,000 - - -Assa Abloy 150,000 10,000 160,000 - - -AstraZeneca 110,000 10,000 120,000 - - -Ericsson, B 1,200,000 300,000 1,500,000 - - -Intrum Justitia 100,000 100,000 - - -Lundin Petroleum 100,000 50,000 150,000 - - -NCC, B 25,000 25,000 - - -Nederman Holding 9,700 9,700 - - -Nordea 300,000 300,000 - - -Norsk Hydro (Norway) 60,000 60,000 - - -Sandvik IL 70,000 70,000 - - -SEB, A 75,000 75,000 - - -Securitas 300,000 300,000 - - -SHB, A 130,000 50,000 180,000 - - -SKF IL 150,000 150,000 - - -Statoil (Norway) 60,000 40,000 100,000 - - -Stora Enso, R 100,000 100,000 - - -Teleca, B 100,000 100,000 - - -TeliaSonera 150,000 150,000 - - -Other securitiesAGI East Asia Fund 16,213 16,213 31.9 13.6Healthinvest Fund 91,274 91,274 5.8 2.5AIO SEB 06/10 13,000,000 3,000,000 10,000,000 9.4 4.0AIO Kaupthing 5,000,000 5,000,000 5.4 2.3AIO SHB 06/10 5,000,000 5,000,000 - - -Total listed sharesand other securities 234.3 100.0Changes in Equities PortfolioSKr million 2007 2006 2005 2004 2003Market value, 31 December 234.3 562.7 533.7 410-0 381.4Dividends received 14.8 13.0 10.9 11.5 9.1Change in value of portfolio -18.2 100.4 135.0 38.3 70.0Net purchases (+)/sales(-) -323 -68.9 -11.2 -13.6 -18.3Change in value over year, % -2.3 21.2 34.2 11.1 28.1Change in value over year, SIX General index, % -6.9 24.5 32.6 17.5 29.747

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