New CFO for Seco Tools Group

Patrik Johnson, 36, has been appointed Senior Vice President and Chief Financial Officer of the Seco Tools Group. He will also be a member of Group Executive Management. He assumes his position on February 1, 2007.

Patrik Johnson has during his career held several positions within ABB in Sweden. He is currently Division CFO within ABB Automation Technologies AB.

Fagersta, Sweden, October 31, 2006

SECO TOOLS AB; (publ)


For additional information, please contact Kai Wärn, President and CEO,
Tel: +46 (0)223 401 10. E-mail can be sent to investor.relations@secotools.com

Previously published information can be found under the heading “Investor Relations & Corporate Governance” on Seco Tools’ website (www.secotools.com). Seco Tools AB’s corporate registration number is 556071-1060 and the company’s address is Seco Tools AB,
SE-737 82 Fagersta, Sweden. The telephone number to the Group head office is
+46 (0)223-400 00.