Change in senior management

PRESS RELEASE

Change in senior management

Industrivärden's executive vice president Bengt Kjell, who is on temporary leave
since September 1, 2009, in order to work as chief executive of Handelsbanken's
management company AB Handel och Industri, has decided to leave Industrivärden
in order to carry on his current duties as chief executive of AB Handel och
Industri.

Stockholm, January 29, 2010

AB INDUSTRIVÄRDEN (publ)

For further information, please contact:
Industrivärdens IRO Sverker Sivall, phone: +46-8-666 64 00.

The information provided herein is such that AB Industrivärden (publ) is
obligated to disclose pursuant to the Securities Markets Act (SFS 2007:528)
and/or the Financial Instruments Trading Act (SFS 1991:980). Submitted for
publication at 10:00 a.m. on January 29, 2010.

kjell_100129_eng.pdf