Lagercrantz Group management change

After seven years with the Group, Niklas Enmark, Chief Financial Officer and Executive Vice President of Lagercrantz Group AB, has chosen to leave his position at Lagercrantz to assume a position outside the Group.

Recruitment of a new chief financial officer will begin and is expected to be completed during autumn 2011.

Stockholm, 11 July 2011

Lagercrantz Group AB (publ)

For additional information, please contact:
Jörgen Wigh, CEO & President, Lagercrantz Group, tel +46 8 700 66 70

This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or according to the agreement with NASDAQ OMX Stockholm Exchange. The information was submitted for publication on 11 July 2011 at CET 15.45 .

LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology group in electronics, electricity, communication and adjacent areas. The Group operates in a decentralised manner with value-adding sales in close proximity to its customers and markets and commands leading market positions in several expansive niches.
   Operations are organised in three divisions. Division Electronics primarily markets solutions in wireless communication and embedded systems. Division Mechatronics offers electro-mechanical components and production of cable harnesses and products in electric connection systems, electric installation material and stays and roadside barriers. Division Communications provides solutions in digital image transmission/technical security, designs software and access products. Customers are predominantly manufacturing companies. Lagercrantz is today represented in eight countries in Northern Europe and in China.
   The Group has sales of approximately MSEK 2,000 and has approximately 700 employees. Lagercrantz is listed on NASDAQ OMX Stockholm, segment Small Cap. More information is available at www.lagercrantz.com.

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