CONSOLIDATED RESULTS, 2003

CONSOLIDATED RESULTS, 2003 Stockholm, February 12, 2004 · Net sales declined to SEK 124,077m (133,150), but rose 3.3% for comparable units, adjusted for changes in exchange rates · Operating margin improved to 6.2% (6.1) excluding items affecting comparability, operating income was adversely affected by changes in exchange rates in the amount of SEK 930m · Net income amounted to SEK 4,778m (5,095) or SEK15.25 (15.60) per share · Good growth and higher income in USD for appliances and outdoor products within Consumer Durables, North America · Solid performance by appliances and other operations within Consumer Durables, Europe, in a competitive environment · Board proposes raising dividend to SEK 6.50 (6.00) per share, redemption of shares totaling approximately SEK 3,000m For more information Financial information from Electrolux is also available at www.electrolux.com/ir ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/12/20040212BIT00060/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/02/12/20040212BIT00060/wkr0002.pdf The full report

About Us

Electrolux shapes living for the better by reinventing taste, care and wellbeing experiences, making life more enjoyable and sustainable for millions of people. As a leading global appliance company, we place the consumer at the heart of everything we do. Through our brands, including Electrolux, AEG, Anova, Frigidaire, Westinghouse and Zanussi, we sell more than 60 million household and professional products in more than 150 markets every year. For more information go to www.electroluxgroup.com.

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