Stefan Andersson new President of Gunnebo Troax AB

Stefan Andersson new President of Gunnebo Troax AB Stefan Andersson, (38) a graduate engineer, joins Gunnebo from a position as President of Atlas Copco Secoroc. Prior to this he was with the Trelleborg Group, including a period as head of the security products' business unit. Stefan Andersson has also held several positions within ABB. He will take up his position as President of Gunnebo Troax AB and member of Gunnebo AB's Group management on November 8, 2002. Gunnebo Troax develops, manufactures and markets indoor perimeter protection for the automotive and robotics industries, materials handling and logistics as well as for the construction sector. Gunnebo Troax has an annual turnover of some MEUR 55 and 400 employees at group companies in 12 countries and sales offices in three more. "Stefan Andersson has broad experience of both marketing and production with several leading international companies in a variety of industries. I am sure that he will be very successful in developing Gunnebo Troax's business and further improving the division's profitability," says Bjarne Holmqvist, Gunnebo's President and CEO. Gunnebo Troax's current president, Ola Karlsson, will take up a position as technical director within Gunnebo working from the Head Office in Göteborg. Ola Karlsson will be responsible for large, comprehensive investment projects. The successful implementation of these projects is very important for the further development of the Gunnebo Group. GUNNEBO AB (publ) Information For further information, please contact: Bjarne Holmqvist, President and CEO, Gunnebo AB: +46-31-83 68 00 or +46- 708-40 03 70 or Stefan Andersson, President Gunnebo Troax AB: +46-702-49 97 60 or Janerik Dimming, Director of Information: +46-31-83 68 03, or 46-705-83 68 03 or at e-mail: janerik.dimming@gunnebo.se www.gunnebo.se Gunnebo is today an internationally fast-growing security group with 106 companies located in 32 countries. The Group has sales to a further hun dred markets via agents and distributors. Annual turnover amounts to some MEUR 790. Gunnebo's security products mainly include fire and burglar resistant safes, security products for banks and cash handling, electronic security systems, fire protection, entrance control and access control, alarm centres, and indoor and outdoor perimeter protection. Gunnebo has at its disposal four of the world's leading brand names in security: Chubb Safes, Fichet-Bauche, Rosengrens and Garny. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/28/20021028BIT00900/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/28/20021028BIT00900/wkr0002.pdf

About Us

The Gunnebo Group is a leading global security provider offering a range of sustainable security products, services and software to retail, mass transit, public and commercial buildings, industrial and high-risk sites, and banks. Gunnebo operates within four core Business Units: Safe Storage (36% of Group sales), Cash Management (21%) Entrance Control (20%), and Integrated Security (23%). In 2018, Gunnebo's continuing operations had a turnover of MSEK 5,100 generated by 4,500 employees located in 25 countries across Europe, the Middle East, Africa, Asia-Pacific and the Americas.

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