Alfa Laval invests 100 MSEK in one of their Swedish manufacturing units.

4/4/2003 6:22 AM EST

Alfa Laval, a world leader in centrifugal separation, heat transfer and
fluid handling, has decided to invest approximately 100 MSEK in the
manufacturing unit in Lund, Sweden. This unit is dedicated for
production of plate heat exchanger.

Commenting upon the decision to invest 100 MSEK in a Swedish
manufacturing unit, Mr. Sigge Haraldsson, President and CEO of the Alfa
Laval Group, says:
"The decision to invest shows courage to take the right decision at the
right time in order to continue to strengthen our global leading
position in the heat transfer market. It clearly shows that the Alfa
Laval Board is committed to put power behind our growth strategy."

The investment includes machinery as well as a new building, of about
5,000 square meters, in direct connection to the existing manufacturing
unit. The planning starts immediately and the new unit will be ready
early 2005.

For further information, please contact:

Peter Torstensson
Alfa Laval Group
Vice President Corporate Communications
Tel: +46 46 36 72 31
Mobil: +46 709 33 72 31
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