Alfa Laval

M&A Activity • Oct 14, 2010

NEWS RELEASE

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

Lund, Sweden - October 14, 2010

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

Alfa Laval leaves its offer for Munters at SEK 75 per share

On September 6, 2010, Alfa Laval announced a cash offer to the shareholders in Munters of SEK 68 per share (the "Offer"). On account of Cidron Intressenter AB's public offer to the shareholders in Munters on September 29, 2010, Alfa Laval increased the price in the Offer to SEK 75 per share in cash on October 1, 2010. Yesterday, i.e. October 13, 2010, Cidron Intressenter AB increased its offer to SEK 77 per share.

Alfa Laval has decided to leave its Offer to the shareholders in Munters at SEK 75 per share.

The acceptance period for the Offer expires tomorrow, i.e. October 15, 2010, at 17.00 (CET).

The Offer is, among other, conditional upon the Offer being accepted to such extent that Alfa Laval becomes the owner of more than 90 percent of the shares in Munters. Alfa Laval will not complete the Offer at a lower level of acceptance.

Further information regarding the Offer, including the offer document and the supplements to the offer document, is available on the Alfa Laval's website www.alfalaval.com and SEB's website www.seb.se/prospekt.

The information in this press release was submitted for publication on October 14, 2010 at 08.45 (CET).

For more information please contact:

Lars Renström President and CEO Alfa Laval AB Tel: +46 46 36 72 00 Thomas Thuresson CFO Alfa Laval AB Tel: +46 46 36 72 40 Peter Torstensson Senior Vice President, Communications Alfa Laval AB Tel: +46 46 36 72 31 Mobile: +46 709 33 72 31