Increased holding in Munters

PRESS RELEASE Since its disclosure notice on March 19, 2003, regarding the holding of 5.01% of the votes and capital stock in Munters, Industrivärden has purchased an additional 829,200 shares, corresponding to 3.31% of the company's votes and capital stock. Following this purchase, Industrivärden's total holding amounts to 2,080,750 shares, corresponding to 8.32% of the votes and capital stock. Stockholm, Sweden, April 3, 2003 AB INDUSTRIVÄRDEN (publ) For additional information, please contact: Anders Nyrén, President and CEO, phone: +46-8-666 64 00 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/03/20030403BIT00980/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/03/20030403BIT00980/wkr0002.pdf