Nomination Committee's proposal for the Board of Directors of Indutrade AB

The Nomination Committee of Indutrade AB proposes that Johnny Alvarsson, Michael Bertorp, Eva Färnstran, Bengt Kjell, Ulf Lundahl and Mats Olsson be re-elected as directors on the Company's board. The Committee proposes that Martin Lindqvist be elected to serve as a new director on the Board. On 1 January 2011 Martin Lindqvist took office as President and CEO of SSAB, an internationally leading producer of high-strength steel with a base in Western Europe and North America. He has prior experience as a Business Area Manager for SSAB's operations in Europe, the Middle East and Africa, and served for many years as CFO of SSAB. In addition, the Nomination Committee proposes the re-election of Bengt Kjell as Chairman of the Board. 

The Nomination Committee's proposal entails that the Board will be increased by one person during the coming mandate period and will have a total of seven members.                

Stockholm, 15 February 2011 

The Nomination Committee

 Indutrade's Annual General Meeting will be held at 4 p.m. on 27 April 2011. Location: Summit, Grev Turegatan 30, Stockholm.

         For further information, please contact Carl-Olof By, Nomination Committee Chair, tel. +46 8 666 64 00, or by e-mail: valberedningen@indutrade.se.