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February 17, 1987

ERICSSON PROPOSES EMPLOYEE STOCK PLAN

By CBR Staff Writer

L M Ericsson AB will propose to the annual meeting in May the creation of new convertible interest-bearing debentures to be offered to its employees, which will have a maturity of five years and will be convertible at a small premium to the share price at the time of issue. Subscribing staff will be guaranteed the equivalent of at least 50 shares.

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