Proposed incentive programme in Lagercrantz Group

The Board of Directors of Lagercrantz Group has decided to propose that the 2007 Annual Meeting resolves to offer managers and members of senior management in the Group to acquire call options on repurchased shares in the Company.

The proposal is based on the three-year recurring programme resolved by the 2006 Annual Meeting, where approximately one third of the call options would be issued at the 2006 Annual Meeting, approximately one third at the 2007 Annual Meeting and approximately one third at the 2008 Annual Meeting, equivalent to approximately one (1) percent of the number of shares outstanding per year, calculated at the time of issuance. For the 2007 Annual Meeting (2007 award) the Board of Directors proposes that 260,000 options on repurchased class B shares be offered to up to 35 of the Group’s associates. The award for 2006 was 255,000 call options.

In the interest of encouraging participation in the programme, Lagercrantz will subsidise the offer. According to indicative evaluations, the effect on earnings per share is marginal in the event of total participation.

The term of the options shall be 3.25 years, with the possibility of redemption after three years. All other terms and conditions of the programme will be announced in connection with publication of the notice for the Annual Meeting in mid-July.


Stockholm, 19 June 2007

Lagercrantz Group AB (publ)

For further information, contact:

Anders Börjesson, Chairman, telephone +46 8 700 66 70.
Jörgen Wigh, President & CEO, Lagercrantz Group, telephone +46 8 700 66 70.
Niklas Enmark, CFO, Lagercrantz Group, telephone +46 8 700 66 70.