Electrolux to consolidate its North American corporate office operations into Charlotte, North Carolina

To take advantage of synergies, improve coordination and increase efficiencies, Electrolux has decided to consolidate most of its U.S. corporate office operations and support functions into one single location. Electrolux has selected Charlotte, North Carolina as the location for the new corporate headquarters. Consolidation will be done gradually and is scheduled to start in the third quarter of 2010. The consolidation will result in a charge against operating income of approximately SEK 220 million in the fourth quarter of 2009, within items affecting comparability.