REPORT FROM ANNUAL GENERAL MEETING

REPORT FROM ANNUAL GENERAL MEETING

At today's Annual General Meeting of Höganäs AB a dividend of SEK 3.00 per share
with 30 April 2009 as record date was resolved in accordance with the proposal
of the Board of Directors. 
The present Directors Alrik Danielson, Peter Gossas, Urban Jansson, Bengt Kjell,
Jenny Lindén Urnes and Bernt Magnusson were re-elected and Anders G Carlberg and
Erik Urnes were elected as new Directors of the Board. Anders G Carlberg was
elected by the Annual General Meeting as new Chairman of the Board in Höganäs
AB. 


Anders G Carlberg has previously been CEO in Axel Johnsson International AB,
Nobel Industries Sweden AB, J S Saba AB and vice CEO in Svenskt Stål AB (SSAB)
and is today among other assignments Board member in Axel Johnson AB, Mekonomen
AB, Svenskt Stål AB (SSAB), Sapa AB, SäkI AB and Beijer Alma AB.

Erik Urnes is CEO and Board member in AB Wilh. Becker and Board member in
Lindéngruppen AB and in a number of its group companies.

In accordance with the proposal of the Election Committee, the Meeting resolved
on a Directors' fees of SEK 2,100,000, with the Chairman of the Board receiving
SEK 450,000 and other members elected by the Meeting but not employed by the
group each receiving SEK 225,000, and the remaining SEK 300,000 payable as
remuneration for committee work with SEK 50,000 each to two external Board
members in the company's Finance Committee and with SEK 100,000 to the chairman
of the company's Auditors Committee and with SEK 50,000 each to two external
Board members of the Auditors Committee, whereas no remuneration is to be paid
for work in the Remuneration Committee.

The Meeting approved the proposal of the Election Committee that the company
shall have an Election Committee comprising of one representative of each of the
four largest shareholders in terms of number of votes and the Chairman of the
Board, being convener. Moreover, the Election Committee shall have the
possibility to appoint an additional member from the Board. 

The Meeting approved the Board of Directors' proposal regarding amendment of the
Articles of Association in respect of notice of General Meetings of
shareholders, entailing that notices shall be published in the Official Swedish
Gazette (Sw. Post- och Inrikes Tidningar) as well as on the Company's website,
and an announcement with information that the notice has been issued shall be
published in Svenska Dagbladet. The amendment is conditional upon that the
provisions of the Companies Act regarding notice of General Meetings will be
amended and also entails that the provision regarding the time for publishing
notices convening General Meetings is removed.

The principles for remuneration and other employment terms for senior executives
were approved according to the proposal of the Board. The principles reflect in
all essentials the principles previously applied for remuneration to senior
executives.

In accordance with the proposal of the Board, the Meeting resolved to implement
a performance-related employee stock option plan for 2009 for the key employees
of the group. The plan is the third and final part of a three year program
initiated in 2007. Like the stock option plan for 2008, the new plan comprises
approximately 45 key employees of the group who in case of full allotment are
given the opportunity to acquire a maximum total of 250,000 class B shares in
the company. The allotment of options is dependent on the development of the
group in 2009 against predetermined and weighted target figures of the value
factors operative cash flow, return on capital employed, volume growth and
earnings per share as determined by the Board. In connection with this, and to
ensure the delivery of shares and as a hedge against potential cash flow effects
of social security costs resulting from the employee stock option plan in
relation to both the employee stock option plan for 2009 and previously resolved
employee stock option plans, the Meeting also resolved on acquisition and
transfer of class B treasury shares.

At the subsequent statutory meeting of the Board it was resolved to appoint a
Remuneration Committee with Anders G Carlberg, Bengt Kjell and Jenny Lindén
Urnes as members, an Auditors Committee with Anders G Carlberg, Bengt Kjell,
Erik Urnes and Karl-Henry Boo as members and a Finance Committee with Alrik
Danielson, Urban Jansson and Bernt Magnusson as members.

Höganäs, 27 April 2009

THE BOARD OF DIRECTORS

This is information that Höganäs AB (publ) may be obligated to make public
according to the Securities Market Act and/or the Financial Instruments Trading
Act. The information was submitted for publication at 18.30 on 27 April, 2009.

Höganäs AB is the world's leading producer of iron and non-ferrous metal
powders. The company has developed deep application competence based on a strong
vision of powder's possibilities to enhance efficiency and reduce resource
consumption and environmental impact in a number of areas. 
In cooperation with its customers, Höganäs can thus contribute in a wide range
of applications such as the creation of future automotive components and white
goods, and in water treatment and emission control. The company, which was
established in 1797, reported net sales of MSEK 6 103 for 2008 and is listed on
Nasdaq OMX Stockholm's Mid Cap segment. www.hoganas.com