Elanders strengthens its positions in the segment Industry and Trade by establishing the company in Uppsala

2/11/2004 11:47 AM EST

Elanders strengthens its positions in the segment Industry and Trade by
establishing the company in Uppsala

Elanders Tofters AB in Östervåla has signed an agreement with LOGG
Grafiska i Uppsala AB and TK i Uppsala AB to takeover customer contracts
and with Tryckjouren i Uppsala AB concerning delivery of digital print
production as part of our strategy to further our position in the
important market in the segment Industry and Trade in the Uppsala
region. Elanders Tofters will hire seven employees for its new
operations in Uppsala. This new business is expected to increase Group
turnover by some MSEK 20 this year but should not affect Group profits.

The agreement allows Elanders Tofters, which is specialised in broad
solutions for large industrial and commercial customers, to establish a
vital local presence in Uppsala. The region contains a substantial
number of existing and potential customers that can rationalise their
information processes through Elanders' integrated services. In addition
to printing these services comprise publishing and ordering systems,
logistics and more.

"Developments have rushed forward the past few years. The investment we
at LOGG Grafiska i Uppsala made in comprehensive solutions that also
include IT-solutions with ordering systems as well as storage and
distribution services, has proven to be right on the mark. The response
to our tailor-made total solutions has been tremendous while at the same
time we have seen the need for both economic strength and extensive
human resources in order to further develop this kind of comprehensive
concept," states Bo Pettersson, major owner of the LOGG Group. "I have
chosen this alternative in order to insure a continued positive
development of existing customer relations and the future for many of my
co-workers in a tough branch. Through the resources at Elanders Tofters
and in the Elanders Group, I believe we will see the concept we have
created escalate in existing but also completely new customers in the
region," continues Bo Pettersson.

"Our companies have the same perspective on customer relations, products
and services. The fact that we can employ people who consider it a
challenge to become part of our organisation is also very important. I
certainly hope that all of LOGG Grafiska i Uppsala and TK i Uppsala
customers will feel welcome at Elanders Tofters. I can promise that we
will do our best to maintain our high customer service level and work
hard to further broaden it," says Tommy Ekström, CEO at Elanders Tofters
AB.

Elanders Tofters AB is primarily active within the segment Industry and
Trade and is a leading supplier of modern solutions for publishing
product information to large industrials and commercial companies in
Sweden. The segment Industry and Trade is a prioritised segment at
Elanders and this agreement is consistent with the Group's ambition to
strengthen its positions in the segment. Establishment in Uppsala
entails hiring seven new employees there and is expected to increase
Group turnover by some MSEK 20 this year but should not affect Group
profits.

For further information please contact:

Tommy Ekström Tommy Lennartsson Bo Pettersson
Elanders Tofters AB CEO Elanders Region East LOGG Group Owner
+46 292-701 03 Manager +46 708-32 62 29
+46 705- 47 13 83 +46 705-31 01 15