BE Group AB transfers own shares

BE Group AB transfers own shares

Based on the authorisation from the Annual General Meeting 2009, the Board of
Directors for BE Group AB (publ) has resolved to transfer own shares on NASDAQ
OMX Stockholm. 

In order to hedge certain social security payments related to the share savings
schemes resolved by the Annual General Meeting (“AGM”) 2007 and 2008, the AGM
held on May 13, 2009 authorised the Board of Directors to resolve, on one or
several occasions prior to the AGM 2010, on the transfer of the requisite number
of own shares to hedge the social security payments related to said share
savings schemes, however not exceeding 33,863 shares in BE Group.

On the basis of the AGM's authorisation, the Board of Directors has resolved to
transfer 2,416 own shares on NASDAQ OMX Stockholm for the hedging of social
security payments related to the share savings scheme which was resolved by the
AGM 2007. The transfer will be made within the spread, i.e. the interval between
the highest purchase price and the lowest sales price. The total number of
shares in BE Group AB amounts to 50,000,000 and the company owns at the time of
this press release 253,764 own shares, intended for ongoing share savings
schemes.

For information related to the implementation of the transfer of own shares,
please see www.nasdaqomxnordic.com.


For further information, please contact:

Lars Bergström, President and CEO
Tel. +46 (0) 40 38 42 00
E-mail: lars.bergstrom@begroup.com

Torbjörn Clementz, CFO and Deputy CEO
Tel. +46 (0) 70 869 07 88
E-mail: torbjorn.clementz@begroup.com 


BE Group, listed on the Nasdaq OMX Stockholm, is one of the leading trading and
service companies for steel and other metals in Europe. The Group has about
10,000 customers, primarily in the construction and engineering industries. BE
Group provides various forms of service for steel, stainless steel and aluminium
applications. In 2009, the company reported sales totaling SEK 4.3 billion. 
BE Group has about 900 employees in ten countries in northern Europe, where
Sweden and Finland are its largest markets. The head office is located in Malmö,
Sweden. 
Read more about BE Group at www.begroup.com.