Indutrade

Board/Management Information • Oct 26, 2011

Indutrade AB (publ) Box 6044, SE-164 06 Kista, Sweden Visitors' address: Raseborgsgatan 9 Phone: + 46 8 703 03 00 Fax: + 46 8 752 79 39 E-mail: info@indutrade.se www.indutrade.se

The information provided herein is such that Indutrade AB (publ) is obligated to publish pursuant to the Securities Market Act and/or the Financial Instruments Trading Act, as well as in accordance with the Issuers Rules and Regulations for the Nasdaq OMX Nordic Exchange. Submitted for publication at 3 p.m. on 15 February 2011.

Press release

Nomination Committee's proposal for the Board of Directors of Indutrade AB

The Nomination Committee of Indutrade AB proposes that Johnny Alvarsson, Michael Bertorp, Eva Färnstran, Bengt Kjell, Ulf Lundahl and Mats Olsson be re-elected as directors on the Company's board. The Committee proposes that Martin Lindqvist be elected to serve as a new director on the Board. On 1 January 2011 Martin Lindqvist took office as President and CEO of SSAB, an internationally leading producer of high-strength steel with a base in Western Europe and North America. He has prior experience as a Business Area Manager for SSAB's operations in Europe, the Middle East and Africa, and served for many years as CFO of SSAB. In addition, the Nomination Committee proposes the re-election of Bengt Kjell as Chairman of the Board.

The Nomination Committee's proposal entails that the Board will be increased by one person during the coming mandate period and will have a total of seven members.

Stockholm, 15 February 2011

The Nomination Committee

For further information, please contact Carl-Olof By, Nomination Committee Chair, tel. +46 8 666 64 00, or by e-mail: valberedningen@indutrade.se.

Indutrade's Annual General Meeting will be held at 4 p.m. on 27 April 2011. Location: Summit, Grev Turegatan 30, Stockholm.

About Indutrade

Indutrade markets and sells components, systems and services with a high-tech content within selected niches. Indutrade's business is distinguished by

• High-tech products for recurring needs
• Growth through a structured and tried-and tested acquisition strategy
• A decentralised organisation characterised by an entrepreneurial spirit.

The Group is organised into four business areas: Engineering & Equipment, Flow Technology, Industrial Components and Special Products. Indutrade's sales totalled SEK 6,745 million in 2010, generating operating income of SEK 705 million before depreciation of intangible assets. Indutrade is listed on the Nasdaq OMX Stockholm.