Annual General Meeting of Lagercrantz Group AB 29 August 2007

Annual General Meeting of Lagercrantz Group AB 29 August 2007

Resolutions including the following were passed by the Annual General Meeting
and the ensuing statutory Board of Directors Meeting held 29 August 2007:

Dividend
A dividend of SEK 1.25 per share was declared in accordance with the proposal of
the Board of Directors.

Discharge from liability for the directors and the President
The Annual General Meeting granted discharge from liability to the Board of
Directors and the President for their management during 2006/07.

Board of Directors
The Annual General Meeting passed a resolution in accordance with the proposal
of the Election Committee. 

The following directors were re-elected:
Pirkko Alitalo
Anders Börjesson
Tom Hedelius
Lennart Sjölund
Jörgen Wigh, President & CEO of Lagercrantz Group 

Anders Börjesson was re-elected by the Annual General Meeting as Chairman of the
Board of Directors. At the ensuing statutory Board of Directors Meeting Tom
Hedelius was re-elected to serve as Vice Chairman of the Board of Directors. The
entire Board of Directors with the exception of the President & CEO was elected
to serve as the Company's Audit Committee. The Chairman and the Vice Chairman
were appointed to serve as the Company's Compensation Committee with the
President & CEO submitting reports.

Election Committee
The Annual General Meeting passed a resolution in accordance with the proposal
of the year's Election Committee to authorise the Chairman of the Board of
Directors to contact the largest shareholders by vote as of 31 December 2007 and
ask these shareholders to appoint members who, together with the Company's
Chairman, would constitute the Election Committee. The Election Committee shall
consist of five members.  

Principles for compensation to management
The Annual General Meeting passed a resolution in accordance with the proposal
of the Board of Directors on principles for compensation and other terms of
employment for management. 

Issuance of call options on repurchased shares and conveyance of treasury shares
to members of senior management
In accordance with the proposal of the Board of Directors, and in a departure
from the preferential rights of existing shareholders, the Annual General
Meeting resolved to offer members of senior management to acquire call options
on class B treasury shares. Up to 260,000 call options giving its holders the
right to acquire a corresponding number of shares may be issued. Options shall
be acquired at market value based on, among other things, the average market
price of the share during the measuring period from 3 September 2007 to 14
September 2007, inclusive. The redemption price will be 125 percent of the
average market price of the share during the same measuring period. Redemption
will be allowed during the period 21 September 2010 until 21 December 2010,
inclusive. The programme will cover up to 35 persons. Upon full participation,
the programme (award for 2007) will be equivalent to 1.1 percent of the total
number of shares outstanding and 0.8 percent of the number of votes in the
Company. Since before, there are 255,000 options outstanding equivalent to 1.0
percent of the number of shares outstanding and 0.7 percent of the number of
votes. In the interest of encouraging participation in the programme, a subsidy
will be paid equivalent to the premium paid after two years on the condition
that the option holder at that time still is an employee of the Group and owns
call options. The cost of the programme (award for 2007) is estimated to be
approximately MSEK 1.1. The Annual General Meeting also resolved to convey to
the option holders up to 260,000 of the shares held in treasury at the set
redemption price in conjunction with any utilisation of the of call options.

Repurchase and conveyance of treasury shares
In accordance with the proposal of the Board of Directors the Annual General
Meeting resolved to authorise the Board of Directors to buy and sell shares in
the Company, on or more occasions, such authorisation to remain valid until the
next following Annual General Meeting.

Purchases shall be made via OMX Nordic Exchange Stockholm at the market price
prevailing at the time of purchase. Purchases of own shares are limited in such
a way that at no time may shares held in treasury exceed 10 percent of the
number of shares outstanding in the Company.

Treasury shares may be sold with or without preferential right for existing
shareholders, but not via OMX Nordic Exchange Stockholm. Sales may be effected
to finance the acquisition of companies or businesses, and to cover the
Company's obligations under the aforementioned incentive programme.

At the ensuing statutory Board of Directors Meeting, the Board of Directors
decided to utilise the authorisation received to purchase shares in the Company
during the period until the next following Annual General Meeting. The purpose
of repurchases is to enable the Board of Directors to adapt the Group's capital
structure and to make possible future acquisitions of companies and businesses
with payment in the form of shares in the Company, and to cover the Company's
obligations under the incentive programme resolved. 

Lagercrantz Group AB holds 736,423 class B treasury shares. The total number of
shares outstanding in the Company is 24,414,232. 

Stockholm, 30 August 2007
Lagercrantz Group AB (publ)
Board of Directors



For further information, contact:
Jörgen Wigh, President & CEO, Lagercrantz Group AB, telephone +46 8 700 66 70.
Niklas Enmark, CFO, Lagercrantz Group AB, telephone +46 8 700 66 70.

LAGERCRANTZ GROUP IN BRIEF
Lagercrantz Group is a technology trading group in electronics, electrics,
communication and adjacent areas. The Group operates in a decentralised mode
with value-creating sales in close proximity to its customers and markets and
has a leading position in several expansive niches.

Operations are organised in three divisions: Division Electronics is primarily
involved in marketing solutions in wireless industrial communication and
embedded systems. Division Mechatronics offers electro-mechanical components and
production of cable harnesses and electric connection systems. Division
Communications provides solutions in digital image transmission/technical
security, design software and access products. Manufacturing companies are the
primary customers. Lagercrantz is today represented in eight countries in
Northern Europe, and in Hong Kong.

The Group has sales of just short of SEK 2 billion and has approximately 750
employees. Lagercrantz is listed in the Small Cap segment of the Nordic List,
sector Information Technology. Additional information is available at
www.lagercrantz.com.