New Chairman and new CEO for Nefab

Lars-Åke Rydh, present CEO for Nefab, will be elected to new Chairman for Nefab at the Annual General Meeting 2008. Lars-Åke has held the position as CEO during the last 14 years.

Stefan Ekqvist will be appointed to new CEO. Stefan, who is 47 years old and MSc Industrial Engineering and Management, is at present Director of Operations for Nefab and has earlier had a number of different positions within the group. Stefan will hold the position as deputy CEO until he takes over the CEO position.

“Nefab has under the management of Lars-Åke developed to a fast growing company that is the global leader within its niche. As new owners our intention is to continue with the strategy that has made this success possible and if possible increase the growth rate even further. Therefore, I am pleased to state that the appointment of Stefan Ekqvist as new CEO means continuity in the top management, with Lars-Åke as well as Stefan in important roles” says Ulf Rosberg, Partner, Nordic Capital and present Chairman for Nefab.

For further information, contact Ulf Rosberg,+46-(0)8-440 50 50, e-mail ulf.rosberg@nordiccapital.com, Lars-Åke Rydh, +46-(0)70-592 45 70, e-mail lars-ake.rydh@nefab.se or Stefan Ekqvist, +46-(0)70-671 30 05, e-mail stefan.ekqvist@nefab.se

Jönköping, 13 December 2007

The Board of Directors