Report from the Annual General Meeting in Trelleborg AB

The Annual General Meeting of the Trelleborg Group attracted approximately 900 shareholders to Söderslättshallen in Trelleborg on April 25. In his address to the Meeting, President and Chief Executive Officer Peter Nilsson developed the Group’s “Solutions securing values” theme. With the help of a number of illustrative examples derived from the aerospace and the offshore oil and gas extraction industries, among others, Peter Nilsson showed how Trelleborg, by offering advanced solutions that seal, damp and protect, secures investments, processes and individuals worldwide. The Trelleborg Group has grown by an annual average of 14 percent in the past five years, and is continuing to acquire operations. During the Meeting, Peter Nilsson presented the two latest acquisitions. The first, CRP, complements Trelleborg’s offshore range by providing a variety of advanced solutions and giving Trelleborg a world-leading position in the area. The second, Harbor and Marine Engineering, provides solutions that complement the Group’s fender systems and makes the Group a world-leading supplier of advanced docking and monitoring systems. In total during 2005, Trelleborg acquired companies that have combined annual sales of approximately SEK 1.6 billion and Peter Nilsson notified the meeting that additional acquisitions might be expected. Peter Nilsson also pointed towards the need for profitability improvements on the basis of the stable earnings recorded for 2005. This will require stronger positions in selected segments and the realization of all efficiency-enhancing opportunities as soon as possible. To facilitate these efforts, the Group has initiated a development program for managers and employees. Dividend The Meeting resolved to approve the Board and President’s motion to pay a dividend of SEK 5.50 per share. The record date for the dividend is April 28. It is therefore expected that the dividend will be distributed by VPC on May 4. Board of Directors The Meeting resolved to approve the motion from shareholders representing approximately 65 percent of the voting rights to reelect Heléne Bergquist, Staffan Bohman, Rolf Kjellman, Berthold Lindqvist, Claes Lindqvist and Anders Narvinger. Trelleborg’s new President and Chief Executive Officer Peter Nilsson was elected new Member of the Board, replacing Fredrik Arp, who left the Group on September 30, 2005. The Annual General Meeting elected Anders Narvinger as Chairman of the Board. Cancellation of shares Since 2001, the Group’s Board of Directors has been authorized to make decisions on the acquisition of treasury shares up to a total of 10 percent of the total number of shares in the Company. The Company currently holds approximately 5.6 million treasury shares. The Annual General Meeting resolved to cancel these 5.6 million shares and to reduce the share capital. New authorization to acquire treasury shares was not requested.