New Business Area President appointed at Indutrade Curt-Johan Kock has been appointed the new President of the Indutrade's Engineering & Equipment business area. He joins Indutrade from Grundfos, one of the world's leading manufacturers of pumps, where he has been serving as president of a subsidiary in Finland. Curt-Johan Kock will begin his duties at Indutrade on 1 June 2008. Stockholm, 17 March 2008 INDUTRADE AB (publ) For further information, please contact: Johnny Alvarsson, President and CEO, tel. +46 70 589 17 95. About Indutrade Indutrade markets and sells components, systems and services with a high-tech content within selected niches. Indutrade's business is distinguished by: • High-tech products for recurring needs • Growth through a structured and tried-and-tested acquisition strategy • A decentralised organisation characterised by an entrepreneurial spirit The Group is structured into four business areas: Engineering & Equipment, Flow Technology, Industrial Components and Special Products. Indutrade's sales totalled SEK 5 673 million in 2007, generating operating income of SEK 650 million before depreciation of intangible assets. Indutrade is listed on the OMX Nordic Exchange Stockholm.