Pergo reorganizes and serves redundancy notices in Trelleborg

Pergo reorganizes and serves redundancy notices in Trelleborg As part of the action program announced earlier by Pergo, the company is reviewing its existing organization. The European organization and several support units are currently being reorganized. In regard to the European organization, redundancy notices covering 15 salaried employees in Trelleborg have today been submitted to the Regional Employment Board. Codetermination negotiations with union representatives have been initiated. Work on the promotion of the Pergo brand will be conducted exclusively through the company's regional marketing functions. This means that the corporate marketing function will be discontinued. As a result, Joacim von Bodungen, Senior Vice President Marketing, has announced his resignation and will leave Pergo, effective December 14, 2001. Distribution operations in Europe have been reviewed and as of December 14, 2001, the distribution warehouse in Metz, France, will be closed. This means that as of today's date, the center in Trelleborg will also handle all distribution in central Europe. Trelleborg 2001-12-14 Pergo AB Corporate Communication For further information, please contact: Raimo Issal, CEO, 0410-36 31 00 Annette Kumlien, CFO, 0410-36 31 00 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/14/20011214BIT00800/bit0003.doc http://www.waymaker.net/bitonline/2001/12/14/20011214BIT00800/bit0003.pdf

About Us

Pergo is a leading flooring company with leading market positions, particularly in Europe and the US. Net sales amount to approx. SEK 2,8 billion and the number of employees is around 800. Pergo developed laminate flooring at the end of the 1970s and launched the product in Europe during the 1980s. The company started sales in the US in 1994 and later also in Asia 1995 and Latin America 1997. The company's products have been marketed under the PERGO® brand name since 1989. The company is listed on the Stockholm Stock Exchange's Attract 40-list. For further information about Pergo, please visit our website www.pergo.com.

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