BF34 Sthn Gas 35

RNS Number:5779A
Landshypotek AB
07 July 2004


LANDSHYPOTEK

The district heating group credits

The process of exiting the lending exposure of Lantbrukskredit, a subsidiary of
Landshypotek, to the district heating group has today moved forward as
Lantbrukskredit has entered into an agreement with the owners of the group.

Lantbrukskredit has acquired 100 % of the shares in EnergiSystem i Sverige AB,
the Swedish parent company of the group, and thereby of its subsidiaries,
together with all claims and rights of the owners against the EnergiSystem
group.

Lantbrukskredit plans to consolidate the EnergiSystem-group, renegotiate the
current contracts with the customers and ultimately sell the EnergiSystem-group.
To help achieve this Lantbrukskredit has secured the services and expertise of
Mr Gosta Lindh, an energy consultant with more than 25 years experience from the
power industry.

For more information please visit our web-site www.landshypotek.se




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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