BW20030710002083  20030710T164742Z UTC


( BW)(TELEFONAKTIEBOLAGET)(ERI) FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--July 10, 2003--

As Agent Bank, please be advised of the following rate determined on: 10-Jul-2003

Issue               : Telefonaktiebolaget LM Ericsson - Series 17
                      SEK150,000,000 (MTN) FRN due Jul 2005
ISIN Number         : XS0132578849
Issue Nomin     SEK : 150,000,000.00
Period              : 14-Jul-2003 to 13-Oct-2003     Payment Date 13-Oct-2003
Number of Days      : 91
Rate                : 4.17
Denomination    SEK : 1,000,000.00

Amount Payable 
per Denomination    : 10,540.83

Institutional       Telephone   44(0) 1202 34 1286
Trust Services      Facsimile   44(0) 1202 34 7438

   Short Name: Telefonaktiebolaget
   Category Code: RC
   Sequence Number: 00006843
   Time of Receipt (offset from UTC): 20030710T145725+0100

    --30--RA/uk*

    CONTACT: Telefonaktiebolaget LM Ericsson

    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Telefonaktiebolaget

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