On January 24th 2005, the Second AP Fund sold 40 850 shares in Castellum AB (publ). Prior to this, the Fund’s holding in the company had amounted to 2 171 762 shares, corresponding to 5.05% of voting rights and capital.
After divestment of these shares, the Second AP Fund had a total of 2 130 912 shares, corresponding to 4.96% of voting rights and capital.

Petter Odhnoff
CIO