Report from the Annual General Meeting of Alfa Laval AB

The Annual General Meeting of Alfa Laval AB was held at Star Hotel in Lund on Monday, April 23. Approximately 350 shareholders attended the meeting under the chairmanship of Anders Narvinger.

During the meeting the company’s President and CEO Lars Renström made an overview over the year 2006 and could among others report a very strong increase in both order intake and profitability. He also described how structural changes within energy related industries, technology conversions and very good positions in emerging markets give Alfa Laval good possibilities to continued profitable growth.

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 6:25 per share was approved.

As Board members Gunilla Berg, Björn Hägglund, Ulla Litzén, Anders Narvinger, Lars Renström, Finn Rausing, Jörn Rausing and Waldemar Schmidt was re-elected.

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 3,050,000.

The Annual General Meeting also approved
- to authorize the Board of Directors to decide on acquisitions of shares in Alfa Laval AB on the Stockholm Stock Exchange up to a number representing not more than ten percent of the total number of shares in the company.
- the Board's proposal on remuneration principles for the company management.
- the proposal regarding the Nomination Committee for the Annual General Meeting 2008.

Complete proposals can be found on www.alfalaval.com.

Lund, April 23, 2007

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