Asker, March 1, 2005 - TOMRA today announced that it has appointed Amund Skarholt as its new President and Chief Executive Officer. Mr. Skarholt will assume his new position in April 2005 and will take the helm of the world's leading provider of products and solutions for the profitable and efficient collection and recycling of packaging material.

"As TOMRA moves into a new era with the consolidation of its core business, and growth and expansion of new recycling initiatives, we need a CEO with the strategic and commercial services experience to lead our global team. Amund Skarholt brings to the role a strong track record of top management success and has, I believe, the services industry experience, the technological understanding and the international vision to make TOMRA a true global winner", says Jan Chr. Opsahl, Chairman of the Board.
Prior to joining TOMRA, Amund Skarholt, worked 14 years with IBM and 12 years with Securitas. The last 18 months he has successfully restructured Bravida ASA.
"With the terrific environmental challenges that the world faces, the recycling industry has the opportunity to be a high growth, profitable space to be in. I look forward to working with TOMRA employees around the world to share our future and to meet the needs of our current and potential customers", says Amund Skarholt.
For more information, please contact Amund Skarholt; + 47 97 55 94 25.