First Automobile Works (FAW) China Orders Second SinterCast Process Control System

Press Release For Immediate Distribution First Automobile Works (FAW) China Orders Second SinterCast Process Control System * FAW Foundry Co., Ltd to install SinterCast Mini-System 3000 at Foundry Research Institute * First Mini-System 3000 transferred to Wuxi Foundry of FAW Foundry Co., Ltd to support FAW Wuxi Diesel Engine Company * Ongoing CGI product development for passenger vehicles and commercial vehicles [Stockholm, 20 October 2011] - Following the installation of a SinterCast Mini- System 3000 process control system at the Foundry Research Institute of FAW Foundry Co., Ltd., in early 2010, FAW Foundry Co., Ltd has ordered a second Mini-System.  The order follows the transfer of the first Mini-System 3000 to Wuxi Foundry to support ongoing CGI product development for heavy duty diesel engine components for FAW's Wuxi Diesel Engine Company.  As a result of positive development results, the FAW Foundry group has decided to keep the Mini-System 3000 at the Wuxi Foundry and to install a new Mini-System 3000 at its Foundry Research Institute located in Changchun, China.  The new Mini-System 3000 will be used to support CGI product development within the FAW Group, spanning a full range of vehicle applications, including passenger vehicles, light-duty and heavy-duty commercial vehicles, and buses.  The order enables FAW to independently conduct CGI product development, and makes FAW the first automobile group in the world to install two SinterCast Mini-System 3000 process control systems. "As the largest automobile manufacturer in China, with production of more than 2.5 million vehicles per year, FAW has established itself as the Chinese market leader for CGI product development" said Dr. Steve Dawson, President & CEO of SinterCast.  "Building on our successful high volume production of Compacted Graphite Iron exhaust components in China since 2007, and the local presence provided by our offices based in Shanghai and Beijing, we look forward to increasing our support of the Chinese foundry and automotive industries as one of the key growth areas for SinterCast and CGI." For more information, please contact: Dr. Steve Dawson President & CEO SinterCast AB (publ) Tel:   +46 8 660 7750 e-mail: steve.dawson@sintercast.com Founded in 1953, China FAW Group Corporation (www.faw.com) was established as China's first integrated vehicle producer and remains China's leading manufacturer of passenger vehicles and commercial vehicles, with annual sales in excess of two million vehicles per year.  FAW currently employs over 133,000 people around the world and sells its vehicles in more than 70 countries.  China FAW Group Corporation collaborates with world leaders for vehicle development, production and sales, such as the joint-venture partners, Audi AG, Ford Motor Company, Hyundai Motor Company, Mazda Motor Company, Toyota Motor Corporation and Volkswagen AG.  FAW Foundry Co., Ltd. is an independent subsidiary of the China FAW Group, supporting the development of new casting products in addition to the core products: cylinder heads and blocks. China FAW Group is China's leader in passenger vehicle and commercial vehicle research and development and its automotive R&D organisation is the largest in China. SinterCast is the world's leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). With at least 75% higher tensile strength, 45% higher stiffness and approximately double the fatigue strength of conventional grey cast iron and aluminium, CGI allows engine designers to improve performance, fuel economy and durability while reducing engine weight, noise and emissions. The SinterCast technology is used for the production of more than 46 CGI components, ranging from 2 kg to 17 tonnes, all using the same proven process control technology.  The end-users of SinterCast- CGI components include Aston Martin, Audi, Caterpillar, Chrysler, DAF Trucks, Ford, Ford-Otosan, General Electric Transportation Systems, General Motors, Hyundai, Jaguar, Jeep, Kia, Land Rover, MAN, Navistar, Porsche, PSA Peugeot- Citroën, Renault, Rolls-Royce Power Engineering, Scania, Toyota, VM Motori, Volkswagen, Volvo and Waukesha Engine. The SinterCast share is quoted on the Small Cap segment of the NASDAQ OMX stock exchange (Stockholmsbörsen: SINT). For more information: www.sintercast.com END Press Release