GOTHENBURG, Sweden, May 31 /PRNewswire/ -- Stena AB (Publ) today
announced that it has extended until 5:00 p.m., New York City time, on
Friday, June 15, 2007, its solicitation of consents (the "Consent
Solicitation") from the holders of its outstanding 7.5% Senior Notes due
2013 and 7% Senior Notes due 2016. All holders of the notes who have
previously delivered consents do not need to redeliver such consents or
take any other action in response to this extension.
All other provisions of the Consent Solicitation with respect to the
notes as set forth in Stena's Consent Solicitation Statement dated March
23, 2007, remain applicable. Stena reserves the right to further amend the
Consent Solicitation for the notes or further extend the expiration time in
its sole discretion.
Stena AB
Stena AB is a holding company for certain of the Sten A. Olsson family
businesses. Stena is a leading participant in the worldwide shipping
industry and owns and operates one of the world's largest international
passenger and freight ferry services and owns and charters drilling rigs,
Roll-on/Roll-off vessels and crude oil and petroleum product tankers. Stena
also invests in and manages residential and commercial real estate,
principally in Sweden and The Netherlands.
SOURCE Stena AB
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CONTACT:
Rolf Mahlkvist or Staffan Hultgren, (46) 31
85 50 00, both for Stena AB; Bondholders, for Solicitation Agent,
JPMorgan, collect, +1-212-270-1477, toll-free, 1-800-245-8812; or
Information Agent, MacKenzie Partners, Inc., collect,
+1-212-929-5500, toll-free, 1-800-322-2885
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