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Indutrade

Board/Management Information Nov 22, 2012

2927_rns_2012-11-22_87dcbe91-fac7-40bc-bc72-01e0bd5880f2.pdf

Board/Management Information

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Visitors' address: Raseborgsgatan 9 Phone: + 46 8 703 03 00 Fax: + 46 8 752 79 39 E-mail: [email protected] www.indutrade.se

This information is in accordance with the Swedish Securities Market Act, the Swedish Financial Instruments Trading Act and/or the regulations of Nasdaq OMX Stockholm. The information was submitted for publication at 10.45 a.m. on 22 November 2012.

Press release

New Business Area President appointed at Indutrade

Juha Kujula has been appointed as the new President of Indutrade's Engineering & Equipment business area. He has served as President of Indutrade's subsidiary Kontram Oy in Finland since 2009 and will continue in that capacity.

Juha Kujula will assume his duties as President of the business area on 1 January 2013 and succeeds Curt Kock, who is leaving Indutrade for a position outside of the Group.

Stockholm, 22 November 2012

INDUTRADE AB (publ)

For further information, please contact: Johnny Alvarsson, President and CEO Indutrade, tel: +46 70 589 17 95.

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 7,994 million in 2011, generating operating income of SEK 917 million before depreciation of intangible assets. Indutrade is listed on the Nasdaq OMX Stockholm.

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