Nederman Holding

Management Reports • Nov 22, 2010

PRESS RELEASE Helsingborg November 22, 2010

Nederman initiates business analysis in Nederman Norclean AS.

Nederman has today decided to perform an in-depth review of alternatives and actions required to strengthen & improve the business of the Nederman subsidiary, Nederman Norclean AS, based in Sandefjord, Norway.

Nederman Norclean AS produces a range of industrial vacuum cleaning systems for the extraction, collection, separation and transportation of a wide variety of materials and liquids. The range includes both Air Powered as well as Electric Powered products and is designed to operate in difficult and demanding industrial conditions.

This review is intended to be broad and is expected to analyze and deliver recommendations on:

• optimum product offering/line-up
• product & component synergies with other Nederman products
• alternate production sites
• outsourcing
• etc.

The results of the review are expected to be complete by January 12, 2011, whereby a plan for implementation of the steps & actions recommended, will be decided and communicated.

This review is a part of Nedermans ongoing analysis of its businesses and operational structure, following the acquisition of Dantherm Filtration and the development of our new strategic plan.

For further information & questions, please contact:

Anders Franzén, VP Operations, Nederman Phone: +46 (0)42 18 87 00

Facts about Nederman

Nederman is one of the world's leading companies supplying products and services in the environmental technology sector. The company's products and systems are contributing to the creation of clean and safe working environments focusing on clean air, recycling and environmentally friendly transport management.

Nederman's offering on the market encompasses everything from the design stage through to installation, commissioning and servicing. Sales and marketing are carried out via subsidiaries in 27 countries as well as agents and distributors in over 30 countries. Nederman develops and produces in its own manufacturing and assembly units in 8 countries.

In April 2010, Dantherm Filtration, with its primary focus on industrial air filtration, was acquired.

The Group was floated in 2007 on OMX Small Cap list; it has circa 1500 employees and a turnover of circa 2 billion SEK.