Pergo terminates partnership agreement regarding Witex

Pergo terminates partnership agreement regarding Witex Pergo has terminated the partnership agreement with Witex AG and its main shareholder HW Industries GmbH & CO KG. The reason for the termination is that Witex violates the agreement on several issues. Pergo will also demand compensation for the damages that have occurred due to the violations. The termination of the agreement and request for compensation is expected to lead to a legal process. Pergo has no intention to carry through the option to buy an additional 23.9% of Witex considering amongst others the grounds for termination of the agreement. In April 2000, Pergo acquired 25.1% of Witex. As a result of the acquisition Pergo got access to direct laminated (DL) floors. Pergo has today several suppliers of DL-products and aims to continue to partly supply such products from Witex. Trelleborg July, 8 2002 Pergo AB (publ) Corporate Communications For additional information please contact Raimo Issal, CEO, phone number +46 410 36 31 00 Annette Kumlien, CFO, phone number +46 410 36 31 00 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/07/08/20020708BIT00820/wkr0001.doc http://www.waymaker.net/bitonline/2002/07/08/20020708BIT00820/wkr0002.pdf

About Us

Pergo is a leading flooring company with leading market positions, particularly in Europe and the US. Net sales amount to approx. SEK 2,8 billion and the number of employees is around 800. Pergo developed laminate flooring at the end of the 1970s and launched the product in Europe during the 1980s. The company started sales in the US in 1994 and later also in Asia 1995 and Latin America 1997. The company's products have been marketed under the PERGO® brand name since 1989. The company is listed on the Stockholm Stock Exchange's Attract 40-list. For further information about Pergo, please visit our website www.pergo.com.