STULL, STULL & BRODY ANNOUNCES CLASS ACTION
ON BEHALF OF SHAREHOLDERS OF ERICSSON LM TELEPHONE CO.

NEW YORK, November 2, 2007 — Attorney Advertising. Notice is hereby given that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of Ericsson LM Telephone Co. (“Ericsson” or the “Company”) (Nasdaq: ERIC) securities between September 11, 2007 and October 15, 2007, inclusive (the “Class Period”).

Stull, Stull & Brody has substantial experience representing employees who suffered losses from purchases of their employer’s stock in their 401(k) plans. If you bought Ericsson stock through your Ericsson retirement account and have information or would like to learn more about these claims, please contact us.

The complaint charges Ericsson and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Ericsson is a Sweden-based company that offers a portfolio of telecommunication and data communication systems and services covering a range of technologies.

According to the complaint, during the Class Period Defendants issued materially false and misleading statements regarding the Company’s business and financial results. The complaint alleges that Defendants knew or recklessly disregarded that: (i) the Company was experiencing declining sales in its networks due to lower sales of expansions and upgrades of mobile networks; (ii) sales in Western Europe were declining due to operator consolidation in several markets; and (iii) as a result, Defendants lacked a reasonable basis for their positive statements about the Company’s business.

On October 16, 2007, before the market opened, Ericsson issued a release entitled “Lower than expected results for Ericsson in third quarter 2007.” That same day, after these results were issued, Ericsson’s stock collapsed to close at $31.33 per share, a decline of 24%, on volume of 42.7 million shares.

Plaintiff seeks to recover damages on behalf of all those who purchased or otherwise acquired Ericsson securities during the Class Period, which is between September 11, 2007 through and including October 15, 2007. If you purchased or otherwise acquired Ericsson securities during the Class Period, and either lost money on the transaction or still hold the securities, you may wish to join in the action to serve as lead plaintiff. If you purchased Ericsson securities during the Class Period, you may request that the Court appoint you as lead plaintiff no later than 60 days from October 29, 2007.

A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as “lead plaintiff.” Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Stull, Stull & Brody, or other counsel of your choice, to serve as your counsel in this action. Stull, Stull & Brody has litigated many class actions for violations of securities laws in federal courts over the past 30 years and has obtained court approval of substantial settlements on numerous occasions. Stull, Stull & Brody maintains offices in New York and Los Angeles.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Tzivia Brody, Esq. at Stull, Stull & Brody by e-mail at SSBNY@aol.com, by calling toll-free 1-800-337-4983, or by fax at 212/490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017. You can also visit our website at www.ssbny.com.

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