Gambro continues restructiring - divests Oklahoma factory

Gambro continues restructuring - divests Oklahoma factory Stockholm, Sweden - Gambro AB (Stockholm Stock Exchange: GAMBaST, GAMBbST), a leading international medical-technology and healthcare company, today announced the divestiture of a manufacturing operation for disposable dialysis products. This mainly includes a factory in Oklahoma City for the manufacturing of sorbent cartridges. The operations include about 30 employees and has a turnover of about SEK 50 M. The divestiture is a further step in the extensive restructuring and efficiency improvement program launched a month ago. The program among other things includes the consolidation of production units. Earlier a decision has been taken to transfer all manufacturing of renal care products from the units in Lakewood, Colorado and Newport News, Virginia to Mexico and Europe. This will affect about 450 employees. The objective of the group restructuring program is to reinforce Gambro's commitment to quality renal care and secure a continued good growth. In addi- tion the objective is to improve profitability and group operating margin (EBITDA) which should reach 20% at the close of the initial 24 month period of the program. For further information please contact: Bengt Modéer, Senior Vice President, Corporate Communications, tel. +46-8-613 65 00, +46-70-513 65 33 Anna Augustson, European Investor Relations Manager, tel. +46-8-613 65 35, +46-70-513 65 34 Tim Schoenberg, Vice President, US Investor Relations Manager, +1-949-425-2185 Gambro is a global healthcare company with leading positions in renal care - services and products - and blood component technology (BCT). Gambro is the second largest provider of kidney dialysis services in the world. Gambro treats about 40,000 patients in 460 clinics worldwide. Renal care products comprise dialyzers, dialysis machines, blood lines and dialysis fluid. BCT includes products for the separation and handling of blood components. The Group, with revenue of approximately SEK 18 billion (USD 2.3 billion) has approximately 18,000 employees in some 40 countries. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/02/18/19990218BIT00630/bit0001.doc http://www.bit.se/bitonline/1999/02/18/19990218BIT00630/bit0002.pdf