13D Filing: Cevian Capital II GP Ltd and Ericsson L M Telephone Co (ERIC)

INTEREST IN SECURITIES OF THE ISSUER

Item 5(a)-(c) is hereby amended and restated as follows:

See rows (11) and (13) of the cover pages to this Schedule
13D for the aggregate number of Class B Shares and percentage of the Class B Shares beneficially owned by the Reporting Person.
The percentage used in this Schedule 13D is calculated based upon 3,014,013,416 Class B Shares, which is the difference obtained
by subtracting the 58,382,336 Class B Shares held in treasury as of May 31, 2017 from the 3,072,395,752 Class B Shares in issue
as of May 31, 2017 (each as reported in the Report of Foreign Private Issuer on Form 6-K filed by the Issuer with the SEC on May
31, 2017).

The Reporting Person also beneficially owns 130,160 Class A Shares
of the Issuer.

The transactions in the Class B Shares by the Reporting Person for
the benefit of the Cevian Entities since the filing of the Original Schedule 13D, which were all in the open market, are set forth
in Schedule B, and are incorporated herein by reference.