News release from Alfa Laval´s Nomination Committee

3/26/2003 6:57 AM EST

News release from Alfa Laval's
Nomination Committee

Alfa Laval's Nomination Committee recommends Anders Narvinger to be
elected as new Director of the Alfa Laval Board in connection with the
Annual General Meeting on May 8, 2003.

Anders Narvinger, b. 1948, MSc. and MBA, is President of The Association
of Swedish Engineering Industries (VI) and former President and CEO of
ABB Sweden.
Anders Narvinger is Chairman of The Swedish Trade Council, Lund
Institute of Technology, Plastal AB and Trelleborg AB. He is also Board
member of Volvo Car Corporation.

In addition, the Committee recommends the other Directors to be re-
elected to the Alfa Laval Board.

If the Annual General Meeting votes in accordance with the Nomination
Committee's recommendations, Alfa Laval's Board will be composed as
follows: Anders Narvinger, Björn Savén, Lena Olving, Finn Rausing, Jörn
Rausing, Christian Salamon, Waldemar Schmidt, Sigge Haraldsson and four
employee representatives. They are currently
Per-Olov Jacobsson, Linda Karlsson, Arne Kastö and Jan Nilsson.

The Nomination Committee recommends Anders Narvinger to be named as new
Chairman of the Board and that Björn Savén remains as Deputy Chairman.

The Nomination Committee has five members representing the large
shareholders, holding approximately 57% of the shares in Alfa Laval:
Industri Kapital, Tetra Laval, Robur, Alecta, ATP (Denmark) and 3:e AP-
fonden.

For further information:
Christian Salamon
Industri Kapital
Convening member of the Nomination Committee
Phone: +46 8 678 95 00

Mikael Sjöblom
Investor Relations Manager
Alfa Laval Group
Phone: +46 46 36 74 82