Husqvarna — Board/Management Information 2008

Oct 8, 2008

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Press release Stockholm, 8 October 2008

Composition of nomination committee

The Annual General Meeting of Husqvarna AB (publ) will be held on April 23, 2009, in Jönköping, Sweden.

In accordance with the decision by the Annual General Meeting in April 2008, Husqvarna shall have a Nomination Committee consisting of representatives of each of the four largest shareholders in terms of voting rights, and the Chairman of the Husqvarna Board.

The members of the Nomination Committee for the AGM in 2009 are Petra Hedengran, Investor AB (chairman), Claes Boustedt, LE Lundbergföretagen AB, Ramsay Brufer, Alecta Mutual Pension Insurance, Anders Elsell, Investment AB Öresund and Lars Westerberg, Chairman of Husqvarna.

As of 29 August 2008, Investor's shareholding in Husqvarna corresponded to 28.7% of the voting rights in the company, Lundbergföretagen's to 12.7%, Alecta's to 6.1%, and Öresund's to 3.8%.

The Nomination Committee will prepare proposals for the AGM in 2009, including proposals for Board members, fees to the Board members, fees to the auditors, and the tasks and composition of the Nomination Committee for the AGM in 2010.

Shareholders who wish to submit proposals to the Nomination Committee should send an email to nominationcommittee@husqvarna.se

For more information, please contact:

Åsa Stenqvist, Head of Group staff Communications and Investor Relations, at +46-8-738 64 94. The Husqvarna Press Hotline can be accessed at +46 8 738 70 80.

Husqvarna is the world's largest producer of lawn mowers, chainsaws and portable petrol-powered garden equipment such as trimmers and blowers. The Group is also a world leader in diamond tools and cutting equipment for the construction and stone industries. Net sales in 2007 were SEK 33.3 billion and the average number of employees was 16,000.