MEKO

Board/Management Information • Aug 23, 2010

Press release 2010-08-23

Krister Duwe appointed Head of Mekonomen's retail operations in Sweden

Krister Duwe has been appointed as Head of Retail Operations in Sweden and will be a member of Mekonomen's Group management. He will take up the position on 1 September 2010 and work alongside Gunnar Rantzow until year end. Krister has extensive experience in sales and sales management from several industries and joins Mekonomen from the position of Sales Director at Alcro Beckers.

The current Head of Retail Operations in Sweden, Gunnar Rantzow, will be assuming a new position as Head of Business Development in the Mekonomen Group at the beginning of next year. During the autumn, Krister and Gunnar will be working in parallel.

"We are very delighted about the recruitment of Krister Duwe. With his strong drive and extensive experience, Krister will continue the development of the Group's key retail operations in Sweden," says Håkan Lundstedt, President and CEO of Mekonomen AB.

Håkan Lundstedt, President and CEO, Mekonomen AB, tel. +46 (0)8 464 00 00 Gunilla Spongh, CFO, Mekonomen AB, tel. 46 (0)8 464 00 00

Mekonomen AB, registered company no. 556392-1971

Box 6077, SE-141 06 Kungens Kurva, Sweden

Telephone: +46 (0)8 464 00 00, Fax: +46 (0)8 464 00 66