Elanders

Major Shareholding Notification • Nov 23, 2010

Press release 23 November 2010

Carl Bennet AB increases in Elanders

Carl Bennet AB has acquired Investment AB Latour's holding in Elanders. At the time of acquisition Investment AB Latour's holdings were 1,659,988 class B shares, equivalent to 8.5 % of the capital and 5.5 % of the votes in Elanders.

After this acquisition Carl Bennet AB's holdings in Elanders are 1,166,666 class A shares and 10,382,098 class B shares, equivalent to 59.1 % of the capital and 73.4 % of the votes.

Elanders AB (publ)

For further information please contact:

Magnus Nilsson, President and CEO, telephone: +46 31 750 00 00

Elanders is required under the Securities Market Act to make the information in this press release public. The information was submitted for publication on 23 November 2010.