Ericsson acquires 84 percent of LHS shares

In the voluntary public takeover offer to acquire all outstanding shares in LHS Aktiengesellschaft (ISIN DE000LHS4000, WKN LHS400), Ericsson (NASDAQ:ERIC), through an indirectly held wholly owned subsidiary, has purchased shares and received acceptances representing together approximately 84 percent of the outstanding shares and voting rights in LHS. The statutory additional acceptance period will run until October 8, 2007. All conditions to the offer have been fulfilled.

The offer has been accepted for 2,475,462 LHS shares as of the end of the acceptance period, which in addition to the 9,742,780 LHS shares acquired by Ericsson, amounts to 12,218,242 LHS shares, representing approximately 84 percent of the total number of LHS shares outstanding.

Pursuant to German takeover law, an additional acceptance period will run until October 8, 2007, allowing all LHS shareholders who have not yet accepted the offer the chance to still do so.

On September 18, 2007, Ericsson declared that all the conditions to the offer had been fulfilled during the acceptance period.

Ericsson intends to complete the offer in accordance with the procedure described in the offer document.