KLIPPAN - New Managing Director

At his own request, Thomas Billing will leave his position as Managing Director of KLIPPAN AB as of February 27, 2006. The Board of Directors has appointed Beryl Sten as acting Managing Director as of today. Beryl Sten is at present holding the position as Information Manager of the company. KLIPPAN AB Board of Directors For further information, please contact Johan Hessius, Chairman of the Board, on tel +46 (0)8 670 58 00.

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