Business Editors/Telecommunications Writers

STOCKHOLM, Sweden----Swedish public
prosecutors today laid charges against present and former employees of
Ericsson (NASDAQ: ERICY) for evasion of tax control .
For applications or more information about TLLCCF, visit the website at
http://www.

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ericsson .com/press

had alleged

Carl-Henric Svanberg, President and Chief Executive Officer, says
in the document: "The fact that charges have been laid is not in
itself a reason to reassess the confidence we have in those accused
individuals who remain employees of Ericsson.

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thousands cornwall

The TLLCCF funds benefit thousands of children, programs and educational
scholarships at many outstanding child care agencies and academic
institutions.

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Ericsson States Its Views on Prosecution

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Ericsson has , related to the investigation, filed a
criminal complaint in Switzerland against a former employee for
misappropriation of funds, with an alternative charge of embezzlement. Inc.

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The Ericsson document is available in Swedish at
http://www. Providing
innovative solutions in more than 140 countries , Ericsson is helping
to create the most powerful communication companies in the world.
Read more at http://www.,
the maker of Children's Motrin(R) + Children's TYLENOL(R), is the proud
sponsor of this event for the fifth consecutive year.
One winner will be chosen to receive the Terri Lynne Lokoff Child Care
Foundation National Child Care Teacher of the Year Award.
The TLLCCF was established in 1987 by Kay and Fred Lokoff in memory of
their daughter, Terri Lynne, a devoted child care worker who was tragically
killed in a car accident.

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To date, the organization has raised over $5 million to improve the
quality of child care for all children.

1940 had

pdf and English at
http: //www., The Terri Lynne Lokoff Child
Care Foundation announced the call for applications for its National Child
Care Teacher Awards(TM), sponsored by The Makers of TYLENOL(R).

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The document also comments on some remarkable circumstances that
have arisen during the investigation. Fifty teachers will be selected for their commitment and
dedication to the children they serve.

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"
Ericsson has published the document since it feels a general
obligation, particularly to its employees and business partners, to
clarify some facts and present its view of what has happened.pdf

Ericsson is shaping the future of Mobile and Broadband Internet
communications through its continuous technology leadership.
Applicants are asked to design a project for their classroom, illustrating
the educational, social and emotional benefits of the project. The TLLCCF is a non-profit foundation that funds
non-sectarian, non-profit child care programs dedicated to excellence, and is
committed to ensuring the availability of quality child care for all children.
Completed applications must be postmarked no later than December 2, 2005,
and mailed to The Terri Lynne Lokoff Child Care Foundation , 320 S.

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The public prosecutor takes the view that the system was designed to
evade tax control .com/news/doc/prosecution_sv.

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ericsson.ericsson.

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Since 1994, the TLLCCF has presented 329 awards , totaling $297,500,
honoring child care teachers for their dedication and excellence in providing
quality child care.

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KING OF PRUSSIA, Pa.1070.

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Ericsson
presents its views on the prosecution in a document available on the
web in Swedish and English at Ericsson's home page.
The prosecution concerns technical accountancy issues related to
Ericsson's since-abandoned system for payments to commercial agents.
During the investigation, it was revealed that several seized
documents were falsified and that someone in this way had attempted to
hide the facts.com/news/doc/prosecution_en .
McNeil Consumer + Specialty Pharmaceuticals Division of McNeil PPC. Henderson
Road, 2nd Floor , King of Prussia, PA 19406.

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However, it is clear that there was never any intent to evade
tax control or taxes in either the introduction or operation of the
system.

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The company agrees that the system
led to misunderstandings with the authorities and therefore was
flawed.org, or fax a request to (610) 992.

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Recipients will be
honored on April 5, 2006 in King of Prussia, PA.

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Ericsson explains in its document why the system
was introduced and later abandoned. Some of these have been directed
against Ericsson and may also have caused direct economic damage.

Call for Applications for The Terri Lynne Lokoff Child Care Foundation National Child Care Teacher Awards(TM) sponsored by The Makers of TYLENOL(R)

Each award recipient will receive a $1,000 grant: $500 dollars for their
project and $500 as a stipend.

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Ericsson believes
that none of its employees are guilty of the offence.
Child care teachers from all 50 states and the District of Columbia are
invited to apply.childcareabc .

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In
addition, they may have negatively affected the overall image of
Ericsson.
The annual award celebrates excellence in quality child care and helps to
raise awareness of the important role which child care teachers play in our
society.