Addtech acquires SABP Elteknik

On 18 June 2008 Addtech Energy & Equipment, a business area in the
Addtech Group, concluded an agreement to acquire all shares
outstanding in SABP Elteknik AB.

SABP sells equipment and components for line construction and cabling
for the electrical power industry. Aside from representing well-known
European manufacturers, the company has developed its own line of
products, which is made by sub-suppliers. Customers consist of
electric power distributors, grid network owners, electrical product
wholesalers and the Swedish Rail Administration. Sales are
concentrated to Sweden, but there are also certain sales in Norway
and Finland. SABP Elteknik has revenue of SEK 36 million and has
seven employees. Bengt Pettersson, who is one of the owners, will
remain a member of the company's management.

The company constitutes an excellent compliment to some of Addtech's
other businesses operated within business unit Energy Supply. This
business unit focuses on sales of niched and critical components in
electricity distribution, an area where the Group has good
development potential. The intention is to operate SABP Elteknik as
an independent unit of the Addtech Group.

The closing is expected to take place in the beginning of July and
the acquisition is expected to have a marginally positive effect on
Addtech's earnings per share during the current financial year.

Stockholm, 18 June 2008
Addtech AB (publ)


For additional information, please contact:
Johan Sjö, President & CEO, Addtech AB, +46 8 470 49 00
Åke Darfeldt, Energy & Equipment business area, +46 708 870 515