Nolato continues to trim costs and receives SEK 35 million in one-off income from BenQ

Nolato continues to trim costs and receives SEK 35 million in one-off income
from BenQ

In order to adapt its operations further in line with the weakened economic and
market conditions faced by Nolato Industrial, the business area's workforce has
been reduced by around 60 people. This will result in costs being cut by around
SEK 25 million on a yearly basis, with effect from the second quarter of the
year.

In connection with the insolvency and subsequent bankruptcy of former customer
BenQ, Nolato made a provision of SEK 125 million during the fourth quarter of
2006, corresponding to the total outstanding financial risk relating to BenQ.
Nolato has now received a payment of SEK 35 million from the bankruptcy estate.

This means that Nolato will report a one-off income item of SEK 35 million
during the second quarter. At the same time, there will be an impact of around
SEK 15 million on operating income as a result of the abovementioned staff
cut-backs. Overall, there will therefore be a positive impact of SEK 20 million
on Nolato's operating income and SEK 15 million on net income during the second
quarter, corresponding to a positive net effect of SEK 0.57 per share.

The interim report for the first quarter will be issued on 27 April at around
14:00.

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For further information, please contact:
Hans Porat, President and CEO, telephone +46 431 442294
Per-Ola Holmström, Executive Vice President and CFO, telephone +46 431 442293

The Nolato Group is a high-tech developer and manufacturer of polymer product
systems for leading customers in medical technology, telecommunications,
automotive products and other selected industrial sectors. The Group has 3,800
employees. Nolato's shares are quoted on the Nasdaq OMX Nordic Exchange,
Stockholm Small Cap, ­Information Technology. www.nolato.com