Press release Gunnebo, 26 October 2007 Gunnebo Industrier nominating committee

Press release Gunnebo, 26 October 2007   Gunnebo Industrier nominating committee

The 2007 annual general meeting voted that the nominating committee would
consist of representatives of the three largest shareholders as of 30 September
2007, and that the chairman of the board would be the convener.

IF Skadeförsäkrings AB, the third largest shareholder, has declined
representation on the nominating committee. Handelsbanken Fonder, the fourth
largest shareholder, is represented instead.

The members of the nominating committee appointed ahead of the 2008 annual
general meeting are:

Nils-Olov Jönsson. Vätterledens Invest AB, including affiliates (23.4%)
Martin Svalstedt, Stena Adactum AB, including affiliates (14.0%)
Joachim Spetz, Handelsbanken Fonder (7.7%) 

The nominating committee, which is convened by board chairman Bjarne Holmqvist,
accounts per 30 September for a total of 45.1% of the company's capital and
votes.

Among the committee's duties is to submit proposals to the annual general
meeting concerning the chairman and composition of the board, board fees and any
remuneration for the work of other committees, as well as auditors and auditor
fees when applicable.

Shareholders may submit proposals to the nominating committee in writing to
valberedningen@gunneboindustries.com or Gunnebo Industrier, Valberedningen,
SE-590 93 Gunnebo, Sweden. 


For additional information, feel free to contact:

Bjarne Holmqvist, Chairman of the Board, Gunnebo Industrier AB
+46 708 40 03 70, bjarne.holmqvist@gunneboindustries.com

Tobias Bülow, Director of Group Communications, Gunnebo Industrier AB
+46 703 38 93 10, tobias.bulow@gunneboindustries.com

Gunnebo Industrier AB is an international group of industrial companies that is
active in 15 countries and has around 50 major distributors/agents worldwide.
The group is engaged in the development, manufacture and marketing of chain and
lifting components, fastening systems for the building industry, blocks/systems
for heavy lifting, non-skid products and telescopic ladders. The business is
conducted through the Fastening, Lifting and Technical Products (which comprises
the business units Blocks, Non Skid and Telescopics) business areas. Gunnebo
Industrier markets well-known products in established market segments, and is
market leader in each product and/or market area. Annual sales amount to more
than SEK 2 billion and the group has around 1,400 employees. For more
information, see www.gunneboindustries.com.