INVESTOR AB
13F-E, 1998-02-17
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                       SECURITIES AND EXCHANGE COMMISSION                                                                         
                                   FORM 13F-E                                                                                     
                                                                                                                                  
                                                                                                                                  
Report for the Calendar Year or Quarter Ended:    12/31/97                                                                        
                                                                                                                                  
                                                                                                                                  
Institutional Investment Manager:                                                                                                 
                                                                                                                                  
INVESTOR AB                                                                                                                       
ARSENALSGATAN 8C, S-103 32                                                                                                        
STOCKHOLM                                         V7            NA                                                                
                                                                                                                                  
                                                                                                                                  
                                  UNITED STATES                                                                                   
                       SECURITIES AND EXCHANGE COMMISSION                                                                         
                             Washington, D.C. 20549                                                                               
                                                                                                                                  
                                    FORM 13F                                                                                      
                                                                                                                                  
            INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS                                                             
                        PURSUANT TO SECTION 13(F) OF THE                                                                          
              SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER                                                                
                                                                                                                                  
               Report for the Calendar Year or Quarter Ended December 31, 1997.                                                   
                                                                                                                                  
If amended report check here:  [    ]                                                                                             
                                                                                                                                  
INVESTOR AB                                                                                                                       
- --------------------------------------------------------------------------------                                                  
Name of Institutional Investment Manager                                                                                          
                                                                                                                                  
ARSENALSGATAN 8C, S - 103 32        STOCKHOLM             SWEDEN                                                                  
- --------------------------------------------------------------------------------                                                  
Business Address                                                                                                                  
                                                                                                                                  
MR. FREDRIK NILERT (212-508-0900), VICE PRESIDENT, TREASURER AND SECRETARY OF                                                     
INVESTOR INTERNATIONAL (U.S.), INC.                                                                                               
- --------------------------------------------------------------------------------                                                  
Name, Phone No. and Title of Person Duly Authorized to Submit This Report.                                                        
                                                                                                                                  
                                    ATTENTION                                                                                     
 INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL CRIMINAL                                                      
              VIOLATIONS. SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A).                                                               
                                                                                                                                  
        The  institutional  investment  manager  submitting  this  Form  and its                                                  
attachments  and the  person  by whom it is  signed  represent  hereby  that all                                                  
information  contained therein is true,  correct and complete.  It is understood                                                  
that all required items,  statements and schedules are considered integral parts                                                  
of this  Form and that  the  submission  of any  amendment  represents  that all                                                  
unamended items,  statements and schedules remain true,  correct and complete as                                                  
previously submitted.                                                                                                             
                                                                                                                                  
        Pursuant to the  requirements  of Securities  Exchange Act of 1934,  the                                                  
undersigned institutional investment manager has caused this report to be signed                                                  
on its  behalf in the City of New York and the State of New York on the 14th day                                                  
of February, 1998.                                                                                                                
                                                                                                                                  
                                                                                                                                  
<PAGE>      PAGE   2                                                                                                              
                                                                                                                                  
                                         INVESTOR AB                                                                              
                                         ------------------------------------                                                     
                                         (Name of Institutional Investment                                                        
                                          Manager)                                                                                
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                         ------------------------------------                                                     
                                         (Manual Signature of Person Duly                                                         
                                         Authorized to Submit This Report)                                                        
                                                                                                                                  
                                                                                                                                  
<PAGE>                                                                                                                            
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
Name and 13F file numbers of ALL Institutional  Investment Managers with respect                                                  
to which this schedule is filled (other than the one filing this report):  (List                                                  
in alphabetical order).                                                                                                           
                                                                                                                                  
13F File Numbers will be assigned to  Institutional  Investment  Managers  after                                                  
they file their first report.                                                                                                     
                                                                                                                                  
                                                                                                                                  
NAME:                                                     13F FILE NO.:                                                           
                                                                                                                                  
1.  AB CATOR                                                                                                                      
                                                                                                                                  
2.  EXTORIA TRADE AB                                                                                                              
                                                                                                                                  
3.  INVESTOR INTERNATIONAL (U.S.), INC.                                                                                           
                                                                                                                                  
4.  INVESTOR INVESTMENTS AB                                                                                                       
                                                                                                                                  
5.  INVESTORS TRADING AB                                                                                                          
                                                                                                                                  
6.  INVESTOR UK, LTD.                                                                                                             
                                                                                                                                  
7.  SAAB SCANIA AB                                                                                                                
                                                                                                                                  
                                                                                                                                  
<PAGE>                                                                                                                            
                                                                                                                                  
                                                                                                                                  
Name, Title and Telephone Number of Person Submitting Report:                                                                     
                                                                                                                                  
    FREDRIK NILERT                 VP, TREAS., & SEC.           (212) 508-0900                                                    
                                                                                                                                  
                                                                                                                                  
Signature, Place and Date of Signing:                                                                                             
                                                                                                                                  
/s/ FREDRIK NILERT                 NEW YORK                     NY    02/13/98                                                    
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
                                                                                                                                  
<PAGE>      PAGE   3                                                                                                              
                                                           VALUE    SHARES/ SH/ PUT/ INVSTMT            -----VOTING AUTHORITY-----
NAME OF ISSUER                 -TITLE OF CLASS- --CUSIP-- (x$1000)  PRN AMT PRN CALL DSCRETN -MANAGERS-      SOLE   SHARED    NONE
                                                                                                                                  
REPORT SUMMARY                  0 DATA RECORDS                   0            0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED    
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