Annual General Meeting, Nefab AB (publ)

The Annual General Meeting of shareholders in Nefab AB was held on May 24, 2007.

Financial statements
The Annual General Meeting adopted the income statement and balance sheet as well as the consolidated income statement and balance sheet for 2006. The Board of Directors and the President were discharged from liability for the fiscal year.

Dividend
In accordance with the Board’s proposal, the Meeting resolved to distribute an ordinary dividend of 1.20 SEK per share plus an extra dividend of 1.20 SEK per share amounting to a total of 2.40 SEK per share. Previous year the dividend was 1.00 SEK per share. The record date for the dividend this year is May 29, 2007. The dividend is expected to be distributed through VPC on June 1, 2007.

Board of Directors
Ing-Marie Nordgren, Jochum Pihl, Björn Svedberg, Hans Nilsson, Reinhold Geijer, Cecilia Daun-Wennborg, Sune Karlsson and Lars-Åke Rydh were re-elected as Board members for the forthcoming year. Björn Svedberg was elected Board Chairman. The fees to the Board for the forthcoming fiscal year were set at a total of SEK 1,500,000, of which SEK 500,000 to the Chairman of the Board, SEK 100,000 to the representatives of the principal owner and SEK 200,000 to other Board members except the President, who does not receive a Board fee.

Election of auditors
Authorized Public Accountant Bertel Enlund, Ernst & Young was elected as auditor and Authorized Public Accountant Anders Johansson was elected as deputy auditor for the period 2007-2010.

Nomination procedure
The Annual General Meeting took decision on the nomination procedure for Board members and auditors. The proposal entails establishing a Nomination Committee based on ownership at May 31. The three largest owners in the Company each appoint a member of the Committee. Reconciliation will take place at September 30 to ensure that the Committee still consists of representatives for the three largest owners. Any changes in the Committee’s composition will be made if necessary. The Nomination Committee’s term will extend until such time as a new Committee is formed.

Authorization for the Board to decide on new issues in conjunction with company acquisitions
The Annual General Meeting resolved to authorize the Board, during the period until the next Annual General Meeting, to decide on new issues, with waiver of the shareholders’ preferential rights, of not more than 2,700,000 Series B shares. The authorization pertains to new issues in conjunction with company acquisitions and shall be made on market terms.

Guidelines for remunerations to senior executives
The Annual General Meeting adopted the guidelines for remunerations to senior executives in
accordance with the material in the notice convening the Meeting. The guidelines are presented in
an Appendix to this press release.


Financial information
Interim Report January – June 2007 August 16, 2007
Interim Report January – September 2007 October 30, 2007
Year-end Report 2007 February 13, 2008

For further information, contact President Lars-Åke Rydh, +46 (0)70-592 45 70, e-mail
lars-ake.rydh@nefab.se or CFO Anna Stålenbring, +46 (0)70-814 23 44, e-mail anna.stalenbring@nefab.se

Alfta May 24, 2007



Lars-Åke Rydh
President and CEO

Appended
President’s speech at the Annual General Meeting
Guidelines for remunerations to senior executives