Indutrade

M&A Activity • Jan 22, 2008

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

Press release

Indutrade makes its second acquisition in the UK

Indutrade today signed an agreement to acquire all of the shares in the UK company Precision Products Ltd, with annual sales of approximately SEK 70 million.

Precision Products, with an extensive customer base in 48 countries, is a well-established supplier of piston rings to the international marine engine industry as well as products for other industrial applications. Manufacturing and sales are conducted in Chesterfield.

"Precision Products fits well in to our strategy of acquiring niche companies with a high level of technical expertise and building clusters," says Johnny Alvarsson, President and CEO of Indutrade. "The company will be included in a cluster together with the spring manufacturers Spinova and Carrab Industri.

Organisationally, Precision Products will be part of the Special Products business area, which had net sales of SEK 1,094 million.

Possession of the company takes place today, and the acquisition is expected to have a marginally positive impact on Indutrade's earnings per share.

Stockholm, 22 January 2008

INDUTRADE AB (publ)

For further information, please contact: Johnny Alvarsson, President and CEO, 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 4,516 million in 2006, generating operating income of SEK 460 million before depreciation of intangible assets. Indutrade is listed on the OMX Nordic Exchange in Stockholm.