Divestment of Stenqvist (SE) to Triton (UK) by EQT (SE) — Amount not disclosed.

Carnegie acted as adviser to EQT in the divestment of Stenqvist, a leading manufacturer of packaging materials within its field in the Nordic region. EQT is a group of private equity funds with equity commitments exceeding EUR 3 billion and is sponsored by Investor AB, Sweden’s largest listed holding company. Triton is a Northern European private equity firm with offices in Frankfurt, Stockholm and London. May, 2003.