Stena AB (Publ) Announces Extension of Consent Solicitation for Its 7.5% Senior Notes Due 2013 and Its 7.0% Senior Notes Due 2016 to May 4, 2007

GOTHENBURG, Sweden, April 19 /PRNewswire/ -- Stena AB (Publ) today announced that it has extended until 5:00 p.m., New York City time, on Friday, May 4, 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. The Consent Solicitation was originally scheduled to expire at 5:00 p.m., New York City time, on Friday, April 6, 2007 and was previously extended to 5:00 p.m., New York City time, on Friday, April 20, 2007. 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.