Update on the action program at Trelleborg Automotive

Update on the action program at Trelleborg Automotive


Negotiations in France completed
Negotiations have been concluded with trade union representatives pertaining to
restructuring in the Fluid Solutions business unit in Nantes, France, within the
Trelleborg Automotive business area. Significant portions of Fluid Solutions in
Nantes will be relocated to existing operations, primarily in Turkey. The action
program will affect approximately 450 employees, of whom approximately 310 are
full-time employees and approximately 140 are temporarily employed. 


In addition, the relocation of Trelleborg Automotive's operations in Peru,
Indiana, USA, is progressing according to plan. Production is being moved to
other plants within Trelleborg Automotive in the US. Production in Peru will
continue until the fourth quarter of 2008. The decision will affect
approximately 200 plant employees.

“It is good that we have reached a conclusion in France and that we can continue
working on necessary activities according to the plan there,” says Roger
Johansson, Business Area President for Trelleborg Automotive. “The negative
trend within the automobile industry has accelerated and to date during the
third quarter, the automobile markets in the US and Western Europe have been
significantly weaker compared with 2007, which continues to have a negative
impact on Trelleborg Automotive.”  

Summary of action program within Trelleborg Automotive
The total cost for the ongoing action program within Trelleborg Automotive
amounts to approximately SEK 1,275 M before tax, of which approximately SEK
1,050 M was charged to the period between 2006 and the end of June 2008.
Approximately SEK 150 M is estimated to be charged against the third quarter of
2008 and the remainder is expected to be mainly charged against the fourth
quarter of 2008.

In addition to the restructuring of Fluid Solutions in Nantes, France and the
relocation of Trelleborg Automotive's operation in Peru, Indiana, in the US, the
ongoing action program also includes the closure and relocation of plants in
Trowbridge and West Thurrock, in the UK, and Fergom, in Italy. The program also
includes the divestment of the operations in Coventry, in the UK, and
streamlining and staff reductions in operations in Western Europe.



This is information of the type that Trelleborg AB (publ) is obligated to
disclose in accordance with the Swedish Securities Exchange and Clearing
Operations Act and/or the Financial Instruments Trading Act. The information was
issued for publication on October 1, 2008 at 08:30 CET.





Trelleborg is a global engineering group whose leading positions are based on
advanced polymer technology and in-depth applications know-how. Trelleborg
develops high-performance solutions that seal, damp and protect in demanding
industrial environments. The Trelleborg Group had annual sales in 2007 of
approximately SEK 31 billion, with about 25,000 employees in 40 countries. The
Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg
Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The
Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and
is listed on the OMX Nordic List, Large Cap.                                    
                                                 www.trelleborg.com 


For further information, please contact:
Media: Vice President Media Relations Mikael Sjöblom, +46 410  67015, 0733 74 70
15, mikael.sjoblom@trelleborg.com
Investors/analysts: Vice President IR  Conny Torstensson, +46 410 67070, 0734
087070, conny.torstensson@trelleborg.com