Haldex Group 1st Half Year 2003


STOCKHOLM, Sweden, July 24, 2003 (PRIMEZONE) -- Haldex (Other OTC:HLDXF):

-- Earnings before tax, excluding non-recurring items, amounted to 93 MSEK (106). Currency rate changes had a negative effect of 13 MSEK.

-- Earnings before tax, including non-recurring items, amounted to 36 MSEK (88).

-- Order intake was 3,104 MSEK (3,482), a decrease of 11%. Currency adjusted, unchanged level.

-- Sales 3,098 MSEK (3,377), a decrease of 8%. Currency adjusted, an increase of 3%.

-- Acquisition of new environmental technology for diesel engines


 Future reporting
 Interim Report January-September  27 October 2003
 Year-End Report                   February 2004

Stockholm July 24, 2003

Claes Warnander, President & CEO

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The full report is available for download:

http://www.waymaker.net/bitonline/2003/07/24/20030724BIT00700/wkr0001.doc

http://www.waymaker.net/bitonline/2003/07/24/20030724BIT00700/wkr0002.pdf