Divestment by Skandia (SE) of Vesta Skadeforsikring (NO) and Vesta Liv (NO) to Tryg-Baltica (DK) — NOK 5.1 billion

Carnegie acted as adviser to Skandia in the divestment of Vesta Skadeforsikring and Vesta Liv to Tryg-Baltica, part of the Unidanmark Group. February, 2000.