Owners of convertibles in Industrivärden's convertible loans have the right to
demand conversion to newly issued Class C shares in Industrivärden. When such
conversion has taken place, the company is obligated by law to publish
information about the change.

During the month of April, conversion of convertibles were issued in
Industrivärden's convertible loan 2010-2015 to 15 597 105 newly issued Class C
shares.

Each Industrivärden A-share carries entitlement to one vote, and each C-share
carries entitlement to 1/10 of a vote. Following the conversions, the number of
votes in the company is 282 414 282.8. The total number of registered shares in
the company is 407 367 068, of which 268 530 640 are Class A shares and 138 836
428 are Class C shares.

The conversions entail an increase of the votes with 0.6% and the capital with
4.0%.

Stockholm, April 30, 2014

AB INDUSTRIVÄRDEN (publ)

For further information, please contact:

Anders Gustavsson, IRO, tel. +46-8-666 64 00

Sverker Sivall, Head of Corporate Communications, tel. +46-8-666 64 00

The information provided in this press release is such that AB Industrivärden
(publ) is obligated to publish pursuant to the Securities Market Act (SFS
2007:528). Submitted for publication at 10:00 a.m. on April 30, 2014.


Ny aktiebas_0414_140430_eng.pdf
distributed by