January 2007

Indutrade acquires Axelvalves AB and strengthens its position in Eastern Europe

Indutrade today acquired all of the shares in Axelvalves AB with annual sales of approximately SEK 36 million to Eastern Europe. Axelvalves AB is one of the leading suppliers in Scandinavian of industrial valves to the processing industry in Eastern Europe with own brands. The acquisition strengthens Indutrade´s market position mainly in Russia and is expected to have a marginally positive effect on Indutrade´s earnings per share.

Stockholm, 2 January 2007

Indutrade AB (publ)

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