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KMT Group sells KMT LMV AB to Norekon Invest AB

KMT has signed an agreement with Norekon Invest AB for the sale of KMT LMV AB. KMT LMV focuses on machining of precision items for the engineering and wind power industries and Norekon Invest’s main operations involve machining with companies as Noremech AB.KMT LMV AB, Lidköping, with 50 employees and approximately 60 MSEK in sales, will be transferred to the new owner as of March 14, 2008.There will be no change in KMT LMV AB’s organization as a result of the divestment. Following the sale, the company name of KMT LMV AB will be changed to Lidköpings Mekaniska Verkstads AB.For further

Compulsory redemption of outstanding shares in KMT Group AB (publ)

Nordstjernan Ventures Investment AB (“NVI”) held approximately 93.8 percent of the shares in KMT Group AB (publ) (“KMT”) as of December 28, 2007.On January 2, 2008, NVI submitted a written request to the Board of Directors of KMT for the redemption of remaining shares in accordance with Chapter 22, Section 6 of the Swedish Companies Act (2005:551). As a result hereof, the Board of KMT will immediately inform the shareholders of KMT that redemption has been requested through announcements in Post- och Inrikes Tidningar (The Swedish Gazette), in Dagens Industri and by letter.For further

KMT appoints SEB Enskilda as financial advisor

The Board of Directors of KMT Group AB (publ.) has appointed SEB Enskilda as financial advisor to evaluate the public offer (“the Offer”) from the company’s principal owner Nordstjernan AB (through the wholly owned sub-subsidiary Nordstjernan Ventures Investment AB) that was announced on October 29, 2007.As previously announced, KMT’s Board of Directors is evaluating the Offer and will issue a statement as soon as possible. The valuation opinion obtained from SEB Enskilda will provide a basis for the Board’s statement.The Chairman of the Board of Directors Mats Heiman will not participate

The Takeover offer from Nordstjernan

The shareholders of KMT Group AB (publ) today received a press release from Nordstjernan containing a public tender offer (the Offer) concerning the acquisition of all of the shares in the company.KMT’s Board of Directors will be convened shortly to evaluate the Offer and intends to return with a statement as soon as possible. The Board of Directors will also commission an independent party to formulate an opinion concerning the fairness of the Offer which will be published at the same time as the Board makes its statement.The Board of Directors and Management of KMT will not be issuing

KMT Interim Report

1 January- 30 September 2007• Order intake for the period amounted to SEK 1,175M (972) – an increase of 21 per cent. Adjusted for acquisitions, the increase is 7 per cent.• Net sales amounted to SEK 1,014M (994) – an increase of two per cent. Adjusted for acquisitions, the figure corresponds to a decrease of 12%.• The operating result amounted to SEK -50M (51). When adjusted for divestments, write-downs and restructuring costs, the operating result amounted to SEK 31M (65).• Profit for the period after tax, including divested operations, amounted to SEK 9M (25), corresponding to SEK 0.

KMT takes over aftermarket activities from French company

KMT has entered an agreement to take over the after-sales and service operations of La Decoupe S.A., the leading machine builder of waterjet cutting systems in the French market. The business has an installed base of approximately 80 systems. The transaction will initially lead to an increase in annual sales of approximately SEK 6 million, excluding the service business KMT has previously conducted on La Decoupe’s machines. The purchase price amounts to approximately SEK 6 million, and the transaction will only have a marginal impact on the results for 2007.The takeover follows the

KMT Interim Report

1 January 1 – 30 June 2007• Order intake for the period amounted to SEK 819M (650) – an increase of 26 per cent• Net sales amounted to SEK 721M (700) – an increase of three per cent• KMT Ursviken was divested and generated an estimated capital gain of SEK 53M. Write-downs of intangible assets within KMT Precision Grinding amounted to SEK 52M• The operating result amounted to SEK -27M (40) including the write-downs within KMT Precision Grinding but excluding the capital gain for the divestment of KMT Ursviken• Profit for the period after tax, including divested operations, is

KMT divests real estate company – capital gain of SEK 100 M

KMT Group has signed an agreement to divest all of its shares in KMT Real Estate AB for approximately SEK 170 M, which will generate a tax-free capital gain of slightly more than SEK 100 M. The gain will be reported during the third quarter. The buyer is NLI Fastigheter Holding AB, which is owned and controlled by Orkla Finans Kapitalförvaltning ASA. The planned takeover date is July 12.KMT Real Estate’s primary asset is the Städet 12 property in Lidköping, which furnishes space to 23 other tenants in addition to KMT Lidköping. In connection with the divestment, KMT has signed a ten-year

KMT divests KMT Ursviken and streamlines operations to three business areas

KMT’s Board of Directors has approved the divestment of subsidiary KMT Ursviken to the Finnish venture capital fund Sentica. The divestment of Ursviken follows on from earlier divestments of the subsidiaries Herber and Pullmax, and represents the final phase in the discontinuation of the KMT Sheet Metal Working business area.The purchase consideration amounts to approximately SEK 100 M, which is expected to generate a capital gain of about SEK 50 M. The operation will be removed from the Group accounts as of June 25, 2007.The buyer, Sentica, already owns companies within the field of

KMT adapts cost base in KMT Precision Grinding business area

KMT has initiated codetermination talks regarding a reduction of the workforce by 80 persons, out of a total of 380 employees, in the KMT Precision Grinding business area, which will mainly affect employees of the subsidiaries KMT Lidköping and KMT UVA. The aim is for the codetermination talks to be concluded during the first half of 2007.The earnings trend for the KMT Precision Grinding business area was unsatisfactory in 2006. Order bookings declined by 25 percent, while sales remained largely unchanged. Operating profit declined by 76 percent. KMT earlier announced that measures would be

Overcapacity results in cancellation of Nano Grinder order

In a letter to KMT, American Axle & Manufacturing, Inc. (AAM) has cancelled an order placed earlier for six Nano Grinders. The reason for the cancellation is that forecast volume increases for AAM did not materialize, and accordingly, its current production capacity fulfils its requirements.The customer has offered compensation for KMT’s accrued expenses in connection with this order and negotiations concerning final settlement have been initiated. Consequently, the financial impact on KMT’s accounts has not yet been established, but will be announced when negotiations have been concluded.

KMT divests part of KMT Herber’s operations

KMT has made an agreement in principle with three employees at KMT Herber regarding the divestment of part of KMT Herber’s operations. The sale is the result of an earlier decision to discontinue KMT Herber’s operations.The new owners will assume full responsibility for machines supplied earlier, in addition to other client undertakings. Moreover, the customary conditions for a transfer of operations apply.The divestment requires the approval of the Annual General Meeting which will be held on March 29, 2007. Please see the special notice to attend.For more information, please contact:

KMT acquires French service company

KMT regards service and the aftermarket as a priority area for expansion and, accordingly, has acquired the French service company AquaForce.AquaForce offers service contracts, remodeling, spare parts and maintenance of waterjet cutting machines, primarily in the French market. The company, which has five employees, had a turnover of about EUR 1.5 M in 2006 excluding sales to KMT.“We have had productive cooperation with AquaForce since 2004 and a large portion of their sales is attributable to KMT’s installed base. We are acquiring AquaForce with the aim of strengthening our position in

Year-End Report 2006

1 January – 31 December• Order intake fell by six per cent to SEK 1,496M.• Net sales increased by 15 per cent to SEK 1,586M.• Operating profit before items affecting comparability amounted to SEK 118M (128). After these items, operating profit amounted to SEK 67M (115).• The period’s profit after tax amounted to SEK 25M (92), equivalent to SEK 2.53 per share (9.18). The result has been charged with a capital loss and close-down costs of SEK 51M. The previous year’s result included a capital gain after tax of SEK 38M from closed operations.• The acquisitions of the American companies,

Ursviken receives two orders for large press brakes

KMT Ursviken, part of the Sheet Metal Working business area of KMT, has received a further two orders on large press brakes amidst strong competition. The orders were placed in December of 2006, but at the request of the customers, they were not made public until the machine specifications were completed. The total value of these two orders amounts to SEK 55 million, which represents approximately a third of KMT Ursviken’s annual turnover.A manufacturer of steel poles with manufacturing sites around the world, has placed an order consisting of a tandem press brake with a press power of a

KMT signs global master agreement with SKF

KMT Lidköping has signed a global master agreement with SKF. This three-year deal implies KMT Lidköping supplying grinding machines and system solutions for modules at SKF’s production facilities worldwide. Each precision grinding module comprises at least one grinding machine with an integrated robot and materials handling equipment.SKF has been one of KMT Lidköping’s major customers. However, this new master agreement means a deeper collaboration and greater volumes.“The master agreement with SKF is an acknowledgement of KMT’s technological leadership and innovative capacity,” commented

KMT initiates trade union negotiations relating to a closure of Herber

KMT has today announced its intention to initiate and carry out the statutory codetermination negotiations (MBL) with the trade unions relating to the closure of KMT’s subsidiary Herber. Despite significant efforts in product development and sales, Herber still has an unsatisfactory order intake and has not been able to turn the negative trend.On Thursday, KMT’s Board of Directors reached a decision to immediately initiate and carry out the trade union negotiations according to Swedish worker participation legislation relating to the discontinuation of Herber’s operations. Herber, based in

New Group and Management Structure

Due to the recent acquisitions of RPT and H2O Jet, as well as the new joint-venture KMT Spindle Technology, KMT introduces a new organisation based on four Business Areas. In connection with the new organisation, KMT also presents a new management structure. The new structure will be effective from 1 January 2007.KMT will be organised in four Business Areas as follows:KMT Waterjet, includes:- KMT Waterjet Systems, Baxter Springs, USA- KMT Aqua-Dyne, Houston, USA- KMT McCartney, Baxter Springs, USA- KMT H2O, Olympia, USAKMT Precision Grinding, includes:- KMT UVA, Bromma, Sweden

KMT invites to a telephone conference

Due to KMT’s acquisitions of Robotic Production Technology (RPT) and H2O Jet, which were announced earlier today in a separate press release, KMT invites you to take part in a telephone conference today, 1 December, at 11.00 am (CET).KMT’s President and CEO, Lars Bergström, and CFO Joakim Roslund, will comment on the acquisitions and their future potential.To confirm your participation, please send an e-mail to diana.carlsson@kmtgroup.com who will then e-mail you the telephone number and access code to the telephone conference.A presentation will be available on www.kmtgroup.com on the

KMT acquires two American companies

KMT has acquired Robotic Production Technology (RPT), North America’s leading robotic trimming solutions provider, as well as H2O Jet Inc., a US-based manufacturer and distributor of pumps, spare parts and components for waterjet equipment including diamond nozzles. The combined annual revenue of the acquired companies amounts to approximately SEK 300 million. KMT becomes the global leader in robotic waterjet and trimming applications Access to RPT’s know-how in robotized waterjet and other trimming applications such as router aand knife Efficiency improvements by combining RPT’s

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