Secondary placing of 2.5 million shares in Oriflame (SE) — SEK 610 million

Carnegie acted as sole book-runner in the secondary placing of 2.5 million SDRs in Oriflame. Buyers were primarily Swedish and international institutions, at a price of SEK 242 per SDR. The SDRs were placed on behalf of Industri Kapital. Oriflame is an international fast growing cosmetics company that sells high quality natural skincare and cosmetics products through an independent sales force, outside the traditional retail environment.August, 2006.