Status Pergo´s acquisition of Witex

Status Pergo's acquisition of Witex Pergo announced on January 28, 2003 that an agreement had been signed whereby Pergo would acquire the remaining shares in Witex AG from HW Industries GmbH & Co KG. In April, the transaction was postponed since the financing for the new group had not yet been secured in a manner acceptable to the parties. The parties have jointly concluded that it is not possible to obtain satisfactory financing for the new group. The decision has been taken in the light of Witex's weakened financial development in the spring. Pergo today owns 25,1% of the shares in Witex. As a shareholder Pergo will monitor its commercial and financial interest in the company. The parties are discussing the now prevailing situation and Pergo will later on provide further information. Trelleborg May 20, 2003 Pergo AB Corporate Communications For further information, please contact: Chairman of the Board - Bertil Villard, phone number +46 8 614 3103 CEO - Raimo Issal, phone number +46 410 36 31 00 CFO - Annette Kumlien, 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/2003/05/20/20030520BIT00770/wkr0001.doc http://www.waymaker.net/bitonline/2003/05/20/20030520BIT00770/wkr0002.pdf