Interim Report January-March 2004

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INTERIM REPORT JANUARY-MARCH 2004 * Net sales amounted to 996 MSEK (1,089). * Net earnings amounted to 28 MSEK (33). * Earnings per share amounted to 1.15 SEK (1.34). * Order intake increased by 9 percent when adjusted for exchange- rate fluctuations. * Good growth within Dehumidification and HumiCool. * Weak development within MCS in Europe; strong in the Americas and Asia. For further information, please contact: Lennart Evrell, Chief Executive Officer, telephone +46 8-626 63 03, lennart.evrell@munters.se Bernt Ingman, Chief Financial Officer, telephone +46 8-626 63 06, bernt.ingman@munters.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/04/27/20040427BIT00980/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/04/27/20040427BIT00980/wkr0002.pdf The full report

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