Preben Bager new CEO of Nobia

The Board of Directors of Nobia has appointed Preben Bager as the new
President and CEO. He will take office on 2 April 2008 and succeeds
Fredrik Cappelen, who previously announced that he intends to stand
down as President at the Annual General Meeting to be held on 1
April.

Preben Bager, who is 59 years old, has worked in the kitchen industry
for more than 25 years and, as head of HTH, he has developed this
business unit into one of the Nordic region's leading kitchen brands.
He is since three years head of Nobia's UK region."The Board is highly pleased with the choice of Preben Bager as the
new CEO of Nobia. Preben has the experience and possesses the
qualities required to implement the next few years' ambitious program
that, among other initiatives, includes the opening of more than 200
new stores," says Hans Larsson, Chairman of Nobia's Board.

CFO Jan Johansson has decided to leave Nobia this summer to join
Morphic Technologies in the same role. His successor will be
announced shortly.

Nobia AB
11 March 2008





For more information, contact:

  * Hans Larsson, Chairman of the Board
  * Preben Bager, Acting President
  * Ingrid Yllmark, Director Communications and IR


Telephone +46 8 440 16 00 or +46 708 65 59 00




Nobia is the leading kitchen company in Europe with operations in
some ten countries. The Group manufactures and sells complete kitchen
solutions through many strong local and international brands,
including Magnet in the UK, HTH in the Nordic region, Hygena in
France and Poggenpohl internationally. Sales are generated through
specialised kitchen studios, retailers and direct to corporate
customers. Nobia creates profitable and sustainable growth by
enhancing efficiency and making acquisitions. Nobia has about 8,000
employees and annual net sales of approximately SEK 16 billion. The
Nobia share is listed on the OMX Nordic Exchange Stockholm AB under
the shortname NOBI, in the Large Cap segment and the Consumer
Discretionary sector. Nobia is included in the OMX Stockholm
Benchmark Index.
More information is available at www.nobia.com.