Alfa Laval

Earnings Release • Sep 21, 2007

NEWS RELEASE

Lund, Sweden – September 21, 2007

Alfa Laval Group Box 73 SE-221 00 Lund Sweden Visit: Rudeboksvägen 1

Tel: +46 46 36 65 00 Fax: +46 46 32 35 79 www.alfalaval.com

Alfa Laval continues to benefit from the growing market in Latin America

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for heat exchangers and seawater filters to a Latin American petrochemical company. The order value is approximately SEK 50 million. Delivery will take place during 2008.

The order marks the continuation of a positive trend for Alfa Laval in Latin America, where order intake during the first half of 2007 increased with more than 60 percent.

"Future prospects for Latin America look very promising", says Lars Renström, President and CEO of Alfa Laval. "GNP is expected to increase by 5 percent in 2007 and growth is likely to continue during 2008."

"With our strong presence in the region, a large installed base of equipment and an established position in vital areas like energy and food supply, Alfa Laval looks forward to a continued strong development in Latin America."

The order comprises heat exchangers and filters used to cool an ammonia-to-urea conversion process with seawater as cooling media.

Did you know that Alfa Laval has its own sales and service companies in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela, as well as agents and distributors in most other Latin American countries?

About Alfa Laval

Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling.

The company's equipment, systems and services are dedicated to assisting customers in optimizing the performance of their processes. The solutions help them to heat, cool, separate and transport products in industries that produce food and

Alfa Laval has continued success on the growing market in Latin America

beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar and ethanol.

Alfa Laval's products are also used in power plants, aboard ships, in the mechanical engineering industry, in the mining industry and for wastewater treatment, as well as for comfort climate and refrigeration applications.

Alfa Laval's worldwide organization works closely with customers in nearly 100 countries to help them stay ahead in the global arena.

Alfa Laval is listed on the Nordic Exchange, Nordic Large Cap, and, in 2006, posted annual sales of about SEK 20 billion (approx. 2,2 billion euros). The company has some 11,000 employees.

www.alfalaval.com

For more information please contact:

Peter Torstensson Vice President, Communications Alfa Laval Tel: + 46 46 36 72 31 Mobile: +46 709 33 72 31

Mikael Sjöblom Investor Relations Alfa Laval Tel: +46 46 36 74 82 Mobile: +46 709 78 74 82