Competition issues at French subsidiary The US Department of Justice announced yesterday that they are investigating an alleged cartel with respect to certain types of marine hoses used to transport oil. The investigation encompasses several international companies including one of Trelleborg's French subsidiaries, Trelleborg Industrie SAS. In connection with the investigation, two managers of Trelleborg Industrie SAS were arrested yesterday in the US. They have since been released. In conjunction with the investigation in the US, the European Union competition authorities are also conducting a similar investigation at Trelleborg Industrie SAS's site in Clermont Ferrand in France. The operation targeted by the investigation accounts for a small part of the Groups sales in France. The operations had sales in 2006 of approx. SEK 250 M. Trelleborg has a very clear and well communicated policy to adhere to applicable competition laws. Should the allegation of cartel activities prove to be correct this is serious and obviously completely unacceptable. Trelleborg Industrie SAS is responding to questions from the authorities and has handed over the materials requested to them. No formal request have been made by the authorities. The investigation is being closely monitored at Group level. Further information can be obtained from Viktoria Bergman, Trelleborg's Senior Vice President, Corporate Communications, +46 (0)410-670 94, +46 (0)708-47 57 33, or from Mikael Byström, Trelleborg's Senior Vice President Investor Relations, +46 (0)410-670 37, +46 (0)708-55 21 69. Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Trelleborg develops high-performance solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group has annual sales of approximately SEK 27 billion, with about 24,000 employees in 40 countries. The Group comprises four business areas: Trelleborg Engineered Systems,Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed on the OMX Nordic List, large cap. www.trelleborg.com
Competition issues at French subsidiary
| Source: Trelleborg AB