MIKAEL CARLESON APPOINTED AS PRESIDENT - REGION EUROPE

Höganäs AB today announces that Mikael Carleson will join Höganäs as President for the European operations with effect 1 September, 2008. He brings a substantial track record from sales, marketing, finance, manufacturing and general management. He has been engaged in industrial as well as service business in Process and Food industries in all four corners of the world. Mr Carleson comes from Alfa Laval AB where he has been running the global Parts & Services Business with a turnover of around 300 M€ and with a dedicated staff of around 1200 people. Mr Carleson has, on top of his vast experience in international business, extensive strategic, analytical and leadership skills. Mr Carleson will also be a member of the Höganäs Group Management.

Commenting on the appointment, Alrik Danielson, Chief Executive Officer of Höganäs AB, said: "I am extremely happy that Mikael has chosen to join Höganäs. He brings with him all the skill sets required to take Höganäs on to the next level in Region Europe. Mikael will also strengthen the Group Management with his talent and competence."

Mikael Carleson commented: “I am really pleased to join Höganäs being a successful industrial jewel and leader in its field. I am really excited with the prospect of, together with the rest of the team, building a successful and profitable future for the European operations.”