Jan Pieters appointed new head of Garphyttan Wire division


Jan Pieters appointed new head of Garphyttan Wire division

Jan Pieters, who has been president of Fagersta Stainless Steel AB since 2000,
has been employed as head of the Garphyttan Wire division, and will be a member
of Haldex's Group Management.

Jan Pieters succeeds Ulf Melin, who is leaving the Haldex Group due to
differences of opinion concerning how the division's operations should be
managed.

“Ulf Melin and I have different opinions concerning forthcoming priorities when
it comes to managing Garphyttan Wire's operations. We have therefore agreed that
the best solution is to recruit a new head for the division,” says Haldex's
President and Chief Executive Officer, Joakim Olsson. 

“We are delighted to have recruited Jan Pieters, who has had a successful career
within the steel industry and has an international background,” adds Joakim
Olsson. 

No date has yet been set for when Jan Pieters will assume his new position. 


For additional information, please contact Joakim Olsson, President and Group
CEO, phone. +46 8 545 049 54 or +46 70 545 86 54.

Haldex (www.haldex.com), headquartered in Stockholm, Sweden, is a provider of
proprietary and innovative solutions to the global vehicle industry, with focus
on products in vehicles that enhance safety, environment and vehicle dynamics.
Haldex is listed on the Stockholm Stock Exchange and has annual sales of nearly
8 billion SEK with 6,000 employees.


Haldex discloses the information in this press release according to the Swedish
Securities Market Act and/or the Swedish Financial Trading Act. The information
was provided for public release on Monday, 3 December 2007 at 15.00pm CET.

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