CLAES LINDQVIST, PRESIDENT AND CEO OF HÖGANÄS FOR OVER 14 YEARS, HAS ANNOUNCED HIS INTENTION TO UTILISE THE OPTION TO TAKE UP HIS PENSION AGREED WITH THE COMPANY.

Fri, Nov 26, 2004 08:27 CET

Accordingly, an agreement has been reached for Mr Lindqvist to leave his position coincident with the Annual General Meeting in May 2005.

The Board of Directors

Höganäs, Sweden 26 November 2004