Ratos: New CEO for MCC

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Clas Gunneberg has been appointed as the new President and CEO of
Ratos's subsidiary MCC. He will succeed the company's founder Gunnar
Mannerheim, who will continue to work on behalf of the company.

Clas Gunneberg has a Master of Engineering degree from Chalmers in
Gothenburg complemented by an MBA from Gothenburg University. He
previously held leading positions within SKF, Autotube (formerly
Dayco Automotive) and Finnveden. Clas Gunneberg, whose most recent
position is President of the Metal Structures business area at
Finnveden, will assume the post of CEO of MCC on 1 December 2007.

-    Anders Lindblad, Chairman of MCC, comments: "Clas Gunneberg has
a long, international and broad-based experience of manufacturing
industry and of MCC's customer segments. This means that together
with other management members he is well placed to continue to work
for MCC's development."

Outgoing CEO, Gunnar Mannerheim, will continue to work with MCC's
product development organisation and in his role as co-owner and
director of MCC.

MCC, which was founded in 1975 and has its head office in Norrtälje,
Sweden, offers complete climate comfort systems for buses, off road
and specialty vehicles. Approximately 60% of the company's sales take
place in North America and the remainder 40% in Europe. Major
production plants are located in Toronto, Canada, and in Norrköping
and Norrtälje, Sweden.

Ratos's holding in MCC amounts to 60%.

For further information, please contact:
Henrik Blomé, Senior Investment Manager, Ratos, +46 8 700 17 00
Anders Lindblad, Chairman of MCC, +46 70 551 87 72
Clas Gunneberg, CEO designate of MCC, +46 705 93 04 82

Financial calendar from Ratos:

Interim report January - September 2007          9 November 2007
Year-end report 2007                             21 February 2008
AGM 2008                                         9 April 2008
Interim report January - March 2008              8 May 2008
Interim report January - June 2008               22 August 2008
Interim report January - September 2008          7 November 2008


Ratos is a listed private equity company. The business concept is to
maximise shareholder value over time by investing in, developing and
divesting primarily unlisted companies. Ratos thus offers stock
market players a unique investment opportunity. The equity of Ratos's
investments is approximately SEK 11 billion and a market
capitalisation of approximately SEK 30 billion. Ratos's holdings
include AH Industries, Anticimex, Arcus Gruppen, Bisnode, Camfil,
Contex, DIAB, EuroMaint, GS-Hydro, Haendig, Haglöfs, HL Display,
HÅG/RH/RBM, Hägglunds Drives, Inwido, Jøtul, Lindab, MCC, Medifiq
Healthcare, Superfos and Other holdings.

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