Christer Lenner New President for Gunnebo Industrier AB


STOCKHOLM, Sweden, April 24, 2002 (PRIMEZONE) -- Christer Lenner new president for Gunnebo Industrier AB

Christer Lenner, currently divisional manager at Gunnebo Lifting, has been appointed president of Gunnebo Industrier AB, with effect from June 1, 2002. He will also be joining Gunnebo AB's Group management team on the same date.

Christer Lenner succeeds Jan Hedstrom, who is retiring after 20 years with several leading positions in the company. Lenner has long experience from the international engineering industry, ranging from production to marketing and sales. He has been employed by Gunnebo Industrier in different positions since 1985.

"Not only do I wish to thank Jan Hedstrom, who is retiring as president of Gunnebo Industrier, for all the good work he has done on behalf of the company; I also wish to point out that by appointing Christer Lenner we will be getting a new President with exceptional experience from within Gunnebo Industrier. As business area manager for Gunnebo Lifting, Christer Lenner has had responsibility for more than half of the division's business. Over the years, he has done a really good job in developing this unit," comments Bjarne Holmqvist, Gunnebo AB's President and CEO.

Gunnebo Industrier AB has an annual turnover of MSEK 1,200 and 1,100 employees in 13 countries.

Gunnebo Industrier is market leader on the markets for heavy lifting products and systems, chain-based anti-skid and tyre-protection products, and fastening systems.

GUNNEBO AB (publ) Information

For further information please contact:

Bjarne Holmqvist, President and CEO Gunnebo AB, on +46-31-83 68 00 or +46-708-40 03 70 (mobile), or Christer Lenner, new President Gunnebo Industrier AB, on +46-220-221 00 or +46-705-91 03 05 (mobile), or Janerik Dimming, Director of information Gunnebo AB, on +46-31-83 68 03 or +46-705-83 68 03 (mobile), e-mail janerik.dimming@gunnebo.se

www.gunnebo.se

Gunnebo is today a fast-growing international security group with 100 subsidiary companies located in 30 countries. The Group has sales to a further hundred markets via agents and distributors. Annual turnover amounts to some MSEK 7,000.

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