Current composition of portfolio:

                                               Recent   Current
Name            Bought      Price   #Shares    Price     Value
Cash                                                    277051
Total Current Value                                     277051


The stock price and number of shares in Ericsson have been adjusted for a stock split.

The stock price and number of shares in Softronic have been adjusted for a stock split,
but not for a new share issue with rights to existing shareholders. Shareholders had the
right to buy an extra share for 2 SEK for each share they owned.

Adjustments for a new share issue in ProAct has not been made. Shareholders had the right
to buy one share for each 5 share they owned for 55 SEK.

Shareholders in Finnveden had the right to buy 3 new shares in Finnveden for 23 SEK for
each 2 shares they already owned. The portfolio has not been adjusted for this right.

Historical Portfolio Values:

Total Value September 6, 2009   277051
Total Value June 30, 2009       270221
Total Value March 31, 2009      263446
Total Value December 30, 2008   254686
Total Value September 30, 2008  260176
Total Value June 30, 2008       264686
Total Value March 31, 2008      267071
Total Value December 28, 2007   268683
Total Value September 28, 2007  293220
Total Value June 29, 2007       300181
Total Value March 30, 2007      295030
Total Value December 29, 2006   296180
Total Value September 29, 2006  282694
Total Value June 30, 2006       274248
Total Value March 31, 2006      289020
Total Value December 31, 2005   277904
Total Value September 30, 2005  277686
Total Value June 30, 2005       269120
Total Value March 31, 2005      265606
Total Value December 31, 2004   251128
Total Value September 30, 2004  253170
Total Value June 11, 2004       251704
Total Value March 31, 2004      259230
Total Value December 30, 2003   233686
Total Value September 30, 2003  219650
Total Value June 30, 2003       205300
Total Value March 31, 2003      182000
Total Value December 30, 2002   186030
Total Value September 30, 2002  171182
Total Value June 28, 2002:      200510
Total Value March 29, 2002:     241550
Total Value December 28, 2001:  243100
Total Value September 30, 2001: 213680
Total Value June 29, 2001:      253050
Total Value March 31, 2001:     248510
Total Value December 31, 2000:  264340
Total Value September 30, 2000: 276110
Total Value June 30, 2000:      274510
Total Value March 31, 2000:     302510
Total Value December 31, 1999:  260010
Total Value September 30, 1999: 228760
Total Value June 30, 1999:      223360
Total Value March 31, 1999:     208910
Total Value December 31, 1998:  200510
Total Value September 30, 1998: 169060
Total Value June 30, 1998:      212060
Total Value March 31, 1998:     216610
Total Value December 31, 1997:  186010
Total Value September 30, 1997: 188060
Total Value June 30, 1997:      172060
Total Value March 31, 1997:     170660
Total Value December 31,1996:   150560
Total Value September 30, 1996: 142500
Total Value June 30, 1996:      126000
Total Value March 31, 1996:     104100
Total Value January 10, 1996:   100000

Changes in portfolio:

Name          Bought      Price   #Shares     Sold      Price    Profit
SKF B         Oct 19,08   66.75       200   Sep 6,09   106.80     8010
Softronic     Aug  3,07    7.35      2000   Sep 6,09     5.90    -2900
Beijer Alma   Aug 17,06   73.00       300   Sep 6,09    79.75     2025
Proact IT     May 11,00  118.00       300   Sep 6,09    54.00   -19200
Softronic     Apr 11,00   72.25       400   Sep 6,09     5.90   -26540
Ericsson B    Sep 16,02   19.00       160   Jul 6,08    63.80     7168
Ericsson B    Jul 11,01  243.00       160   Jul 6,08    63.80   -28672
Elanders      May 28,06  113.00       200   Dec 20,06  141.00     5600
Consilium     Mar 16,98   57.50       500   Aug 24,06   38.50    -9500
Gunnebo       Oct 28,97   34.75       800   Jun 7,05    97.00    49800
Finnveden     Oct 26,00   88.50       400   Dec 28,04   75.00    -5400
Allgon        Aug 11,98   70.00       400   Mar 20,00  235.00    66000
SCA B         Jun 16,98  204.00       200   Aug 4,99   257.00    10600
PLM           Oct 23,97  120.50       400   Jan 11,99  116.50    -1600
Ericsson B    Oct 5,98   137.00       200   Jan 7,99   216.00    15800
Ericsson B    Nov 13,97  307.00       100   May 3,98   408.00    10100
Haldex        Jan 4,97   119.00       300   Mar 3,98   124.00     1500
Celsius       Dec 11,97  115.00       300   Feb 24,98  141.00     7800
H&Q           Oct 20,97   89.00       400   Nov 23,97   83.00    -2400
Spira         May 12,97  140.00       200   Oct 19,97  172.00     6400
Acrimo        Apr  6,97  131.00       200   Sep  4,97  171.00     8000
Gunnebo       Jul 17,97   72.00       400   Aug 31,97   81.50     3800
Itab          Aug 20,96  109.50       200   Feb 17,97  195.00    17100 
ScandiaConsult Dec 1,96   45.90       600   Feb 13,97   61.00     9060
Borås Wäfveri Sep  1,96   58.00       500   Jan 26,97   71.00     6500
SwePart       Jan 10,96   26.00      1000   Oct 10,96   41.00    15000
Consilium     Jul  9,96   56.00       500   Aug 20,96   60.00     2000
Errce         Jan 10,96   37.80     1.000   Jun 15,96   48.80    11000 
Swedspan      Apr 11,96   62.00       400   May 19,96   75.00     5200
Forsheda      Jan 10,96  108.00       300   Apr 11,96  124.00     4800

Rules

An amount of 100000 SEK in fantasy money is invested on January 10, 1996.

All trades are done at the last closing price.

When the market is open for trading, there won't be any changes in the portfolio.

There are no deductions for commissions or taxes.