Lagercrantz Group — M&A Activity 2012

Aug 15, 2012

PRESS RELEASE

Lagercrantz finalizes the acquisition of Vanpee in Norway and Sweden

As announced 5 July 2012, Lagercrantz Group entered into an agreement to acquire all shares outstanding in Norwegian company Vanpee NorgeAS and Swedish company VanpeeAB (the Vanpee companies).

The acquisition of the Vanpee companies has today closed, after obtaining approval from, among others, the Norwegian competition authority. The companies will be part of Lagercrantz Group's division Electronics as ofAugust 2012.

Lagercrantz Group has during July andAugust 2012 acquired and entered in to five companies with an annual turnover of approx. MSEK 170 with good profitability:

• Plåt & Spiralteknik AB
• Thermod companies, where ThermodAB, andAmpol Serwis Sp.zo.o. with subsidiary Thermod Polska Sp.zo.o. are part
• Vanpee companies, comprising VanpeeAB and Vanpee NorgeAS

Stockholm 15August 2012

Lagercrantz Group AB (publ)

For additional information, contact:

Jörgen Wigh, President & CEO, Lagercrantz GroupAB, telephone +46 70 569 5477 Magnus Söderlind, Executive Vice President with responsibility for acquisitions, Lagercrantz GroupAB, telephone +46 8 700 66 80.

This information is disclosed in accordancewith the Securities Markets Act, the Financial Instruments Trading Act or according to the agreement withNASDAQOMXStockholm Exchange. The informationwas submitted for publication on August 15 at 15:35.

LAGERCRANTZGROUPINBRIEF

Lagercrantz is a technology group in the areas of electronics, electricity, communication and related fields. TheGroup's companies deliver all its specialised products and solutions to other companies (B2B) and several of the companies areworld-leaders in their respective niches. Lagercrantz is active in eight countries inNorthern Europe and inChina. TheGroup has about 800 employees and revenue of approximately MSEK2,300. TheCompany's shares are listed onNASDAQOMXStockholmsince 2001.

The business is organised in four divisions. Division Electronics offers special products in embedded electronics, industrialwireless communication, RFIDand lighting control. Division Mechatronics offers electric connections systems, electric installation materials, electric and electro-mechanical components and cabling. DivisionCommunications offers products, systems, services and support in network access, digital image transmission/technical security, and software. DivisionNiche Products is theGroup's new division fromApril 2012. Here a number of interesting market positions will be built up primarily by acquiring profitable companies in interesting niches andwith a large element of proprietary products.