Electrolux confirms discussions with Sigdo Koppers

After speculation in local media in Chile, Electrolux confirms that it is in discussions with Sigdo Koppers regarding a potential acquisition of the appliance manufacturer Compañia Tecno Industrial S.A (CTI), listed on the Santiago Stock Exchange in Chile, and its subsidiaries. Further information will follow if a final agreement is reached.

For further information, contact Electrolux Press Hotline, +46 8 657 65 07.

Electrolux discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act.

Electrolux is a global leader in household appliances and appliances for professional use, selling more than 40 million products to customers in more than 150 markets every year. The company focuses on innovative products that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, cookers, air-conditioners and small appliances such as vacuum cleaners sold under esteemed brands like Electrolux, AEG, Eureka and Frigidaire. In 2010 Electrolux had sales of SEK 106 billion and 52,000 employees. For more information, go to www.electrolux.com/press and www.electrolux.com/news.