Exercise price established for employee stock option program

Exercise price established for employee stock option programFollowing the approval of the SinterCast employee stock option program at the 24 May 2006 Annual General Shareholder meeting, the exercise price at which the subscription of shares can take place has been established at SEK 121. This exercise price is equal to 150% of the average volume-weighted price paid for one SinterCast share on the Stockholm Stock Exchange on each trading day during the period 1-15 June 2006. The employee options expire on 31 January 2010 and convey the right to subscribe to shares from and including 1 November 2009 until 31 January 2010, on the condition that the option-holder has not been terminated from his or her position prior to 31 December 2008, or that the employee has not voluntarily left the Company before 1 November 2009. The options cannot be transferred. Stockholm, 16 June 2006On behalf of the Board of Directors Dr Steve DawsonPresident & CEOFor further information, please contact Dr. Steve DawsonSinterCast AB (publ)Box 10203SE-100 55 StockholmSweden Tel: +46 8 660 7750Fax: +46 8 661 7979e-mail: info@sintercast.comwebsite: www.sintercast.com Organisation number 556233-6494 SinterCast (Stockholm Stock Exchange 'Stockholmsbörsen' O-List: SINT) is the world's leading supplier of on-line process control technology for the reliable high volume production of Compacted Graphite Iron. SinterCast's production agreements encompass a total of 29 foundries in 14 different countries that account for over 45% of the world production capacity for cast iron cylinder blocks and heads. SinterCast's foundry Customers also produce a variety of other automotive and non-automotive components, with casting weights ranging from 4 kg to 17 tonnes. ENDText version / Internet version / Print / Close