INTERIM REPORT JANUARY-MARCH 2005

- Net sales increased by 8 percent to 1,079 MSEK (996). - Net earnings amounted to 37 MSEK (36). - Earnings per share rose by 2 percent to 1.51 SEK (1.48). - Extensive production changes within HumiCool. - Weak demand within insurance related MCS operations. 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

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Munters sells products and services for controlling humidity of the air.

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