Ericsson Publish Restated Financial Statement According to IFRS

Business Wire, March 30, 2005

STOCKHOLM, Sweden -- As from 2005 Ericsson (NASDAQ:ERICY) will issue consolidated financial statements in accordance with IFRS. Today Ericsson has published restated financial statements for 2004 and opening balance for 2005 according to IFRS on www.ericsson.com/investors.> Comments on comparisons and information about effects on consolidated financial statement can also be found in Ericsson's annual report for 2004 under "Board of Directors' Report", and "Notes to the Financial Statements" (Note 1, Accounting policies). Ericsson's annual report for 2004 can be found on: http://www.ericsson.com/investors/.> To read the restated financial statements please go to: http://www.ericsson.com/investors/doc/ifrs_statement.pdf

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