Year-End Report January – December 2010

· Net sales increased by six per cent to SEK 5,044.3M (4,757.7). · Operating profit increased to SEK 484.0M (280.1) including a capital gain of SEK 140M from the divestment of Beijer Tech.  · Profit after tax rose to SEK 398.7M (192.1) including the capital gain of SEK 140M. · Profit per share increased to SEK 18.85 (9.39). Excluding the capital gain, profit per share amounted to SEK 12.25. · The Board of Directors proposes a dividend of SEK 8.00 (6.50). · Acquisitions in Thailand and Italy at the end of 2010 with expected combined annual sales of SEK 350M. The above