APPOINTMENT OF NEW CFO SVEN LINDSKOG

Höganäs AB today announces that Sven Lindskog will join the Group Management as Chief Financial Officer with effect from 1 October 2007. He brings a substantial track record in finance, both in Sweden and internationally as well as a wealth of strategic, analytical and leadership skills.

After having spent 17 years at Unilever, in several managerial positions on different levels and in different countries, most lately in the senior finance position in Nordic, Sven Lindskog is currently Chief Financial Officer of AB Sardus. Sardus was listed on the Swedish Stock Exchange until it was acquired by the Atria Group earlier this year, following a turn-around in profitability.

Commenting on the appointment, Alrik Danielson, Chief Executive Officer of Höganäs AB said: “We are extremely pleased to have secured someone of Sven’s caliber as CFO. He brings with him extensive international experience and a solid track record as well as leadership talent that will reinforce the Group Management.”

Sven Lindskog commented: “I am very much looking forward to be joining Höganäs at this stage of its development of increased market and customer orientation. The Höganäs Group is a global leader in a very interesting business. It is true that the industry is completely new to me, but I think that the experiences that I have acquired over the years will enable me to contribute to realize Höganäs exciting potential”.