93PA Ecobank 24s

RNS Number:1498B
Ericsson(L.M.)(Telefonaktiebolaget)
27 March 2001


Ericsson sells its remaining holding in Juniper Networks

Ericsson  has  sold  its  remaining holding  in  Juniper  Networks.  The
transaction  will give a capital gain of about 5.5 billion  SEK  in  the
first quarter 2001.

This  capital gain was not included in our revised earnings estimate  as
of March 12, 2001.

Ericsson  continues  to work closely with Juniper Networks  in  offering
carrier-class IP infrastructure products to the market.

Ericsson is the leading communications supplier, combining innovation in
mobility  and  Internet  in creating the new  era  of  mobile  Internet.
Ericsson  provides total solutions covering everything from systems  and
applications  to  mobile  phones and other  communications  tools.  With
presence  in  140  countries,  Ericsson  simplifies  communications  for
customers all over the world.

Read more at http://www.ericsson.com/press

FOR FURTHER INFORMATION, PLEASE CONTACT

Pia Gideon, Vice President, External Relations
+46 8 719 2864, E-mail: pia.gideon@lme.ericsson.se

Rolf Eriksson, Vice President, Strategic Alliances
+46 8 719 2029, E-mail: rolf.eriksson@lme.ericsson.se

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