NEW CFO AT CARDO

Ulf Liljedahl has been appointed as new Chief Financial Officer (CFO) with responsibility for the group’s joint Finance & Treasury function.

Ulf Liljedahl has spent most of his previous career at Alfa Laval, most recently as Vice President Finance for Alfa Laval’s Process Technology Division, which is one of two sales divisions. In parallel with this, he has held a post as President of Alfa Laval Copenhagen A/S since 2003.

Ulf Liljedahl will be a member of Cardo’s group management team and will take up his post on August 1 2007.

Malmö, Sweden, February 16 2007
Cardo AB (publ)



For further information, please contact:
Maria Bergving, Senior Vice President Communications & Investor Relations,
tel +46 40 35 04 25, +46 70 602 61 81, maria.bergving@cardo.com

About Us

Cardo is a world-leading supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors. Operations are pursued in the Group’s divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and Residential Garage Doors. With sales of almost SEK 10 billion and more than 6,000 employees worldwide, Cardo delivers solutions that help to solve some the toughest challenges of our time in the fields of water, transportation and energy. Corporate headquarters are located in Malmö, Sweden.

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