Alfa Laval has decided to initiate new negotiations with the former owner of bioKinetics Inc.

Alfa Laval has decided to initiate new negotiations with the former owner of bioKinetics Inc. Alfa Laval suspects irregularities in the accounting with regard to revenue recognition for certain customer projects in the recently acquired US company bioKinetics. Alfa Laval has therefore initiated a further investigation specifically addressing the suspected irregularities. The preliminary findings from this investigation support the suspicions. Alfa Laval has as a consequence decided to initiate new negotiations with the former owner Kinetics Group Inc. Based on available information the irregularities are estimated not to exceed MSEK 40. For more information please contact: Peter Torstensson Vice President Corporate Communications Tel: + 46 46 36 72 31 Mobil: +46 709 33 72 31 peter.torstensson@alfalaval.com Mikael Sjöblom Investor Relations Tel: +46 46 36 74 82 Mobil: +46 709 78 74 82 mikael.sjoblom@alfalaval.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/12/19/20031219BIT20180/wkr0006.pdf

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Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling. The company’s equipment, systems and services are dedicated to assisting customers in optimizing the performance of their processes. The solutions help them to heat, cool, separate and transport products in industries that produce food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar and ethanol. Alfa Laval’s products are also used in power plants, aboard ships, oil and gas exploration, in the mechanical engineering industry, in the mining industry and for wastewater treatment, as well as for comfort climate and refrigeration applications. Alfa Laval’s worldwide organization works closely with customers in nearly 100 countries to help them stay ahead in the global arena. Alfa Laval is listed on Nasdaq OMX, and, in 2016, posted annual sales of about SEK 35.6 billion (approx. 3.77 billion Euros). The company has about 17 000 employees.

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