SC TO-I/A

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE TO/A
Amendment No. 4
Tender Offer Statement Under Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934

AKTIEBOLAGET ELECTROLUX
(Name of Issuer)

AKTIEBOLAGET ELECTROLUX
(Name of Person(s) Filing Statement)

Common Stock, Par Value SEK 5
American Depositary Shares, each representing two shares of
Common Stock evidenced by American Depositary Receipts
(Title of Class of Securities)

010198208
(CUSIP Number of Class of Securities)

Nina Linander
(Senior Vice President and Group Treasurer)
Cecilia Vieweg
(Senior Vice President and General Counsel)
AB Electrolux
S:t Göransgatan 143
SE-105 45 Stockholm
Sweden
(+46 8 738 60 00)
(Name, Address and Telephone Number of Persons Authorized to Receive Notices
and Communications on Behalf of filing persons)

Copy to:
James M. Bartos, Esq
Shearman & Sterling LLP
Broadgate West
9 Appold Street
London EC2A 2AP, England
(+44 20 7655 5000)

CALCULATION OF FILING FEE

Transaction Valuation*	Amount of Filing Fee**
$46,113,254	$5,842

*

Estimated for purposes of calculating the amount of the filing fee only. The Transaction Valuation in Swedish Kronor ("SEK") is calculated by the sum of (A) SEK 200, the redemption price per share of Class A common stock, multiplied by (x) 357, the number of shares of Class A common stock held by shareholders located in the United States divided by (y) twenty and (B) SEK 200, the redemption price per share of Class B common stock, multiplied by (x) the sum of (i) 31,855,696, the number of shares of Class B common stock held by shareholders located in the United States, and (ii) 3,411,364, the number of shares of Class B common stock represented by American Depositary Shares divided by (y) twenty. The exchange rate used to convert the Transaction Valuation in SEK to U.S. dollars for purposes of calculating the filing fee is U.S.$1.00 = SEK 7.648, the Federal Reserve noon buying rate on April 29, 2004.

**

The amount of the filing fee equals $126.70 per $1,000,000 of the Transaction Valuation.

ý

Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

Amount Previously Paid:    $5,842	Filing Party:    AB Electrolux
Form or Registration No.:    5–79825	Date Filed:    May 4, 2004

o

Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes to designate any transactions to which the statement relates:

o

third-party tender offer subject to Rule 14d-1.



ý

issuer tender offer subject to Rule 13e-4.



o

going-private transaction subject to Rule 13e-3.



o

amendment to Schedule 13D under Rule 13d-2.

        Check the following box if the filing is a final amendment reporting the results of the tender offer: ý

        This Amendment No. 4 to the Tender Offer Statement on Schedule TO (the "Schedule TO"), made by AB Electrolux, a company organized under the laws of Sweden, amends the Schedule TO filed by the Company with the Commission on May 4, 2004.

Item 12.	Exhibits.
(a)(5)	Press Release dated June 16, 2004.

2

        After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

AKTIEBOLAGET ELECTROLUX (PUBL)
By:	/s/  CECILIA VIEWEG Name: Cecilia Vieweg Title: Senior Vice President and General Counsel
By:	/s/  NINA LINANDER Name: Nina Linander Title: Senior Vice President and Group Treasurer
	June 17, 2004

3

Exhibit Index

Exhibit Number	Description.
(a)(5)	Press Release dated June 16, 2004.

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Exhibit Index

EX-99.(A)(5)

PRESS RELEASE Stockholm, June 16, 2004

Extraordinary General Meeting adopts resolutions for payment of SEK 3 billion to shareholders through redemption of shares

        (ELUX) On April 21, 2004 the Annual General Meeting of AB Electrolux resolved to implement a share redemption offer involving a right for the shareholders in Electrolux to have their shares in the company redeemed against cash payment of SEK 200 per share. During the application period, 15,179,692 shares in Electrolux were tendered for redemption, corresponding to a value of approximately SEK 3 billion.

        In accordance with the proposal of the Board of Directors, the Extraordinary General Meeting has today adopted the following resolutions required for the redemption offer and payment to the shareholders:

a)

Resolution on a reduction of Electrolux share capital by SEK 75,898,460 through redemption of 497,725 shares of series A and 14,681,967 shares of series B. For each redeemed share SEK 200 will be paid, i.e. a total of SEK 3,035,938,400.

b)

Resolution on an increase in Electrolux share capital by SEK 75,898,460 through a new issue of 15,179,692 redeemable shares of series C to Svenska Handelsbanken, at a subscription price per share corresponding to the par value of SEK 5. The resolution was adopted to achieve speedier payment of the redemption amount to the shareholders.

c)

Resolution on a reduction of Electrolux share capital by SEK 75,898,460 through redemption of all of the shares of series C issued under item b) at a par value of SEK 5 per share, adjusted with an interest rate corresponding to STIBOR 30 days plus 0.05 percentage points, and a transfer of SEK 75,898,460 from the company's non-restricted equity to the company's statutory reserve.

        Following registration of the resolutions above with the Swedish Patent and Registration Office (PRV), the share capital in Electrolux will amount to SEK 1,544,601,540, corresponding to 9,502,275 shares of series A and 299,418,033 shares of series B, or a total of 308,920,308 shares, including shares owned by Electrolux. As of June 16, 2004, Electrolux holding of own shares amounted to 17,489,400 shares of series B.

        The redemption amount is scheduled to be paid to the shareholders around June 30, 2004.

AB ELECTROLUX (PUBL)
MAILING ADDRESS	TELEPHONE	INVESTOR RELATIONS	E-MAIL ADDRESS
SE-105 45 STOCKHOLM, SWEDEN	+46 8 738 60 00	+46 8 738 60 03	ir@electrolux.se
OFFICE ADDRESS	TELEFAX	WEBSITE	REG. NO.
S:T GÖRANSGATAN 143	+46 8 738 70 90	www.electrolux.com/ir	556009-4178

        The Electrolux Group is the world's largest producer of powered appliances for kitchen, cleaning and outdoor use, such as refrigerators, washing machines, cookers, vacuum cleaners, chainsaws, lawn mowers, and garden tractors. Every year, customers in more than 150 countries buy more than 55 million Electrolux Group products for both consumer and professional use sold under famous brands such as AEG, Electrolux, Zanussi, Frigidaire, Eureka and Husqvarna. In 2003, Electrolux had sales of SEK 124 billion and 77,000 employees.

Further information

        For further information, please contact Investor Relations at +46 8 738 60 03. Electrolux Press Hotline is available at +46 8 657 65 07.

        For cancellation of or changes to this fax distribution service, please return this document, with your name, company, and fax number, stating what you want to change, to fax no +46 8 738 70 90.