Delisting of the Electrolux Share in Paris and Zurich


STOCKHOLM, Sweden, Dec. 13, 2002 (PRIMEZONE) -- The Board has decided that Electrolux (Nasdaq:ELUX) (LSE:ELXB) shares will be de-listed from the stock exchanges in Paris and Zurich in the light of the low trading volume on these exchanges, and the general trend to globalization of equity markets. The de-listing will be implemented as soon as possible.

Apart from the above mentioned stock exchanges, the Electrolux share is listed in Stockholm, London and the NASDAQ system in the U.S.

Electrolux is the world's largest producer of powered appliances for kitchen, cleaning and outdoor use, such as refrigerators, washing machines, cookers, vacuum cleaners, chain saws, lawn mowers, and garden tractors. In 2001, the Group had sales of SEK 135.8 billion and approximately 87,100 employees. Every year, customers in more than 150 countries buy more than 55 million Group products for both consumer and professional use under famous brands such as Electrolux, AEG, Zanussi, Frigidiare, Eureka, Husqvarna and Flymo.

The Electrolux Press Hotline can be reached at +46 8 657 65 07.

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