Annual General Meeting of Alfa Laval AB

The Annual General Meeting of Alfa Laval AB was held at Star Hotel in Lund on Thursday, April 27. Approximately 300 shareholders attended the meeting under the chairmanship of Attorney Bertil Villard.

During the meeting the company’s President and CEO Lars Renström made an overview over the year 2005 and could among others report a very strong increase in order intake, with a couple of big orders during the year. The increase comes mainly from energy- and energy related business, compiling approximately 40 percent of the order intake during 2005. Lars Renström’s speech can be found on ”www.alfalaval.com/investors”. The income statements and the balance sheets of the parent company and the Group were adopted, together with the Board’s proposal for distribution of surplus. The proposed dividend of SEK 5:10 per share was approved. Record date to receive the dividend is May 3, 2006. As Board members Gunilla Berg, Björn Hägglund, Anders Narvinger, Lars Renström, Finn Rausing, Jörn Rausing and Waldemar Schmidt was re-elected. Further to that Ulla Litzén was new-elected as Board member. Ulla Litzén is former President of W Capital Management and has held various leading positions within Investor. She is a Board member of several companies, including such engineering companies as SKF and Atlas Copco. Anders Narvinger was appointed Chairman of the Board. The AGM decided the remuneration to the Board of Directors according to the proposal from the Nomination Committee. The total remuneration should be SEK 2,825,000. The Annual General Meeting also approved - the Board’s proposal for principles for remuneration to company management. - the Board's proposal regarding changes to the articles of association mainly required in order to comply with the new Companies Act that came into force on January 1, 2006. - the proposal regarding the Nomination Committee for the Annual General Meeting 2007. Lund, April 27, 2006 Alfa Laval AB (publ.) For further information please call: Mikael Sjöblom, Investor Relations Manager, Alfa Laval AB Tel: +46 46 36 74 82 Mobil: +46 709 78 74 82