Technical trading company Jens S Transmissioner's 2004 sales amounted to SEK 200m with a pre-tax profit of SEK 10m. The company is part of Atle Industri, the holding company owned jointly by Ratos and 3i (50/50), whose business is to develop its holdings and then find new owners for them when the time is right. The Atle Industri Group will now consist of seven companies, six of which are wholly owned. The largest companies in terms of sales are Moving (materials handling systems), Tempcold (cooling products), Elpress (electrical connectors), Nordhydraulic (hydraulic valves) and Ekman & Co (trading house).

"AxIndustries will place Jens S Transmissioner in a perfect environment in industry terms," says Atle Industri's CEO Hans Åke Norås. "In recent years, Jens S has achieved exceptionally strong development which will be given excellent opportunities to continue through today's deal. The sale is another good example of Atle Industri's efforts to develop companies and then find them a new, appropriate environment when the time is right."

The deal is subject to approval from the relevant competition authorities.

For additional information, please contact

Hans Åke Norås, CEO Atle Industri, +46 703 280 280

Anna-Karin Celsing, Head of Corporate Communications Ratos, +46 70 399 62 39

Financial calendar from Ratos:

Interim report January-September 2005             11 November 2005

Year-end report 2005                                     25 February 2006

Interim report January-March 2006                   11 May 2006

Interim report January-June 2006                      24 August 2006

Interim report January-September 2006             10 November 2006