Haldex secures order worth SEK 800 M for automatic brake adjusters

Haldex secures order worth SEK 800 M for automatic brake adjusters

Haldex's Commercial Vehicle Systems Division has secured a five-year order worth
approximately SEK 800 M from the German company BPW (Bergische Achsen), Europe's
largest manufacturer of trailer axles

The order pertains to automatic brake adjusters developed jointly by Haldex and
BPW. The brake adjusters, called ECO-Master II, are based on the latest
generation of automatic brake adjusters from Haldex. ECO-Master II replaces
BPW's previous generation of proprietarily manufactured automatic brake
adjusters. 

The automatic brake adjusters are easy to install and offer high precision and
operational reliability and low maintenance, and thus low operating costs for
vehicle owners. 

Series deliveries will commence in April 2008.

Haldex is the global leader in the market for automatic brake adjustment for
heavy vehicles equipped with drum brakes.

“This is the largest individual order we have ever received for brake adjusters
and it consolidates Haldex's position as the market-leading manufacturer of
automatic brake adjusters” says Joakim Olsson, President and Chief Executive
Officer of Haldex. “

“The order reinforces our strong market position for trailers in Europe, and our
close cooperation with BPW, which we plan to extend to additional products in
the near future,” says Jay Longbottom, President of the Commercial Vehicle
Systems Division. 


For additional information, please contact Joakim Olsson, President and Group
CEO, phone. +46 8 545 049 52 or +46 70 545 86 54 or Stefan Johansson, CFO,
phone. +46 8 545 049 52 or +46 70 224 24 01.

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, 10 March 2008.