STOCKHOLM, Sweden, Feb. 26, 2004 (PRIMEZONE) -- The Board of Directors of Trelleborg AB has decided to propose to shareholders at the Annual General Meeting on April 22, 2004, that Ohrlings PricewaterhouseCoopers be appointed as auditors for the Group for the coming four-year period, with Goran Tidstrom as the auditor primarily responsible for the Trelleborg Group.
Representatives for the major owners, corresponding to approximately 65 percent of the votes in Trelleborg AB, have announced that they will support the proposal.
External auditors are appointed for a period of four years. At the Annual General Meeting for 2004, auditors will be elected for the subsequent four-year period.
The selection process was headed by Bo Jacobsson, the Group's CFO, and Rolf Kjellman, member of the Board of Trelleborg AB.
Further information can be obtained from Trelleborg's Chief Financial Officer Bo Jacobsson, +46 410 670 99 or from the Corporate Communications Department, +46 410-670 00.
Trelleborg is a global industrial group. Operations are based onspearhead competence within polymer materials and a high level ofindustrial know-how, combined with functional solutions and systemsdesigned to meet the needs of our customers. The Trelleborg Group hasannual sales of approximately SEK 22.5 billion, with about 21,000employees in 40 countries. Trelleborg consists of five business areas:Trelleborg Automotive, Trelleborg Wheel Systems, Trelleborg EngineeredSystems, Trelleborg Building Systems and Trelleborg Sealing Solutions.The Trelleborg share has been quoted on the A list of Stockholmsborsensince 1964.
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