Svedala's Annual General Meeting

Svedala´s Annual General Meeting The Annual General Meeting approved the dividend to be increased by SEK 0.50 per share. After the increase the dividend will amount to SEK 5.50 per share. To new auditors were elected Thomas Thiel and Alf Svensson, both from the KPMG firm of auditors. The Board of Directors remains unchanged. Authorization was given the Board of Directors to decide on a new issue of shares in accordance with Paragraph 4:15 of the Swedish Companies Act. The General Meeting also decided to amend the Articles of Association in accordance with Sweden's new corporate legislation that came into effect on st January 1 , 1999. Malmö March 26, 1999 Svedala Industri AB Information Department SVEDALA is a world-leading supplier of equipment and complete systems to the construction and mineral-processing industries. Through global coverage combined with local presence and a conscientious focus on providing service close to the customer, Svedala has become an important partner to industry. Today, the after-market accounts for nearly 45 percent of the Group's sales of about SEK 15 billion. With some fifty Svedala Houses in more than 50 countries and nearly 200 local Svedala Service Houses, Svedala has established a unique position on the market. Currently, markets outside Sweden account for approximately 95 percent of sales and the Group has slightly more than 11,000 employees. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/03/26/19990326BIT00520/bit0001.doc http://www.bit.se/bitonline/1999/03/26/19990326BIT00520/bit0002.pdf