New Group Controller

NEW GROUP CONTROLLER AT AGA Peter Fallenius, age 47, has been appointed Senior Vice President and Group Controller of the AGA Group as of October 1, 1998. Peter Fallenius has been working at ASEA and ABB for the past 13 years. His last position was Executive Vice President Finance and Control at Asea Brown Boveri AB, Sweden. He succeeds Lars Salomon, who will retire on September 30, 1998 at the age of 60 after 17 years in group management. Lidingö August 19, 1998 AGA Aktiebolag (publ) Corporate Communications ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/08/19/19980819BIT00040/PR Control.pdf http://www.bit.se/bitonline/1998/08/19/19980819BIT00040/PR Control.doc