INTERIM REPORT JANUARY-SEPTEMBER 2004

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INTERIM REPORT JANUARY-SEPTEMBER 2004 INTERIM PERIOD - Net sales amounted to 3,273 MSEK (3,257). - Net earnings amounted to 109 MSEK (116). - Earnings per share amounted to 4.45 SEK (4.73). - Order intake increased by 11 percent when adjusted for exchange-rate fluctuations. - Strong growth within Dehumidification. [REMOVED GRAPHICS] THIRD QUARTER - Order intake for MCS in Europe increased by 6 percent for the quarter. - Strengthened margins and strong order intake within MCS. - More than 20 percent increase in order intake within Dehumidification. [REMOVED GRAPHICS] For further information, please contact: Lennart Evrell, Chief Executive Officer, Phone +46 8 626 63 03, lennart.evrell@munters.se Bernt Ingman, Chief Financial Officer, Phone +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/2004/10/28/20041028BIT21340/wkr0010.pdf The full report

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