Annual General Meeting April 16, 2008

Annual General Meeting April 16, 2008

Dividend 6:50
The Annual General Meeting has approved a dividend for the fiscal year 2007 of
SEK 6:50 per share. The record date for entitlement to the dividend is Monday
April 21, 2008. The dividend is expected to be paid out through the agency of
VPC (Swedish Securities Register Centre) on Thursday April 24 2008.

Election of board members and fees
Martin Svalstedt, Bengt A Dahl, Cecilia Geijer, Svend Holst-Nielsen, Lars-Åke
Helgesson, Mikael Jonson, and Nils-Erik Danielsson were re-elected members of
the board. Ann-Christin Edling-Jönsson was elected as a new member of the board.

Ann-Christin Edling-Jönsson is CEO in Departments & Stores Europé AB, a company
in RNB Retail and Brands. Ann-Christin is also a member in RNB's management team
and has among others had different positions in the company Polarn O. Pyret.

At a statutory board meeting following the Annual General Meeting Martin
Svalstedt was re-elected chairman of the board in Ballingslöv International AB.

The Annual General Meeting determined the aggregated fee for the board to SEK
1.425.000 to be allocated with SEK 325.000 to the Chairman of the board and SEK
150.000 to the other members of the board elected on the Annual General Meeting.

A special fee to members in the audit committee and remuneration committee was
determined to SEK 200.000. The chairman of the committees will get SEK 50.000
and the other members of the committees will get SEK 25.000. That means that the
fee to the board is unchanged with exception of the fee to the committees that
increase SEK 50.000 to compensate for the increased work.

Election committee
The Annual General Meeting passed a resolution that before the general annual
meeting in 2009 an election committee is formed by having the four largest
shareholders, in quarter 3, 2008, if they wish, appoint one representative each,
that together with the chairman of the board constitute the election committee.
The chairman of the election committee is elected by the member of the election
committee however the chairman of the board is not eligible for election.

The names of the four representatives, who they represent and who has been
elected chairman shall be announced as soon as the representatives have been
appointed, and if possible, no later than six months before the general annual
meeting 2009.
No compensations shall be paid to members of the election committee. 

If a shareholder who has appointed a representative to the election committee
significantly reduce its stake in Ballingslöv International AB, the
representative shall resign from the election committee. If a member of the
election committee for any reason resign, a new large shareholder, together with
the existing members of the election committee appoint a new representative to
the election committee.

The election committee shall develop suggestions to the general annual meeting
2009 regarding, i) chairman at the general annual meeting, ii) members of the
board  iii) fees to the members of the board, iv) audit fees and v) election
committee for the general annual meeting 2010.

Share Split
The Annual General Meeting decided on a share split by following:

Every share will be split into three shares, whereby the total shares in company
will be 32 177 272 shares

To authorize the board to establish the date of execution of share split. The
date will be before record day at next Annual General Meeting

The Articles of Association be amended, implying that the limits for the maximum
and minimum number of shares are amended to be not less than 22 500 000 and not
more than 90 000 000 

The motive behind the split is to increase the liquidity in the company's share

The Annual General Meeting also decided to authorize Ballingslöv International
AB's CEO to take steps in the decision above as is required in connection to the
registration with Swedish Companies Registration Office and VPC.

Proposal for guidelines on wages and other remuneration to senior executives

The Annual General Meeting decided the following Proposal for guidelines on
wages and other remuneration to senior executives:

Ballingslöv shall offer a competitive total compensation package that makes it
possible to recruit and retain senior executives. Compensation to company
management shall consist of a basic salary, flexible remuneration, pension and
other remuneration. Long-term incentive schemes may also be considered in due
course.

The basic salary shall take into account the individual's areas of
responsibility and experience, and shall be reviewed on annual basis. The
flexible remuneration depends on the extent to which the individual achieves
quantitative targets. For the CEO, the flexible element of salary may be no more
than 50 per cent of the basic salary. For other senior executives, the flexible
salary varies depending on the position and agreement, and may be no more than
30 per cent of the basic salary.

Pension arrangements shall be competitive in relation to what is offered for
similar positions in the market, and shall be based on contribution-based
solutions. The retirement age shall be 65.

Company management comprises the CEO and other members of Group management.

Ballingslöv, April 16, 2008

Ballingslöv International AB (publ)

Further Information
Chairman of the board			CEO & President
Martin Svalstedt			Nils-Erik Danielsson
Mobile: +46 (0)70 775 85 41			Mobile: +46 (0)708-94 61 01
Phone: +46 (0)31 774 35 71			Phone: +46 (0)451-461 01

www.ballingslov.se

Org No: 556556-2807



Ballingslöv International AB is one of the leading manufacturers of kitchen and
bathroom furniture and storage products in the Nordic countries and kitchen
furniture in Great Britain. The products are sold under several strong and, in
respective market, well-known trademarks, including Ballingslöv, Kvik, JKE
Design, dfi/Geisler, Multiform, 3BO and Paula Rosa.  The Ballingslöv Group has
production facilities in Sweden, Denmark and in Great Britain with a turnover of
app. MSEK 3 000 and 1 500 employees.