Haldex AB proposes to reorganize its divisions into three separate listed entities

Haldex AB proposes to reorganize its divisions into three separate
listed entities

The Haldex Board of Directors will propose
a reorganisation of the divisions of Haldex, so that the Haldex
shareholders will subsequently own shares in three separate listed
companies instead of a single company. The intention is to submit this
proposal to shareholders at the AGM in the second quarter of 2011

In the judgement of the Board of Directors and Management, the
reorganization into three separate listed companies will provide
long-term added shareholder value. The strategy of focus has worked, and
all three divisions have now achieved such size and profitability that
the divisions will have better opportunities as separate listed
entities.

Each company will, with a distinct business concept and a clear market
and product orientation, focus more clearly on profitable growth
opportunities, serving the relevant end markets and developing the
independent businesses.  The separate companies will provide a clearer
and more transparent investment proposal for both existing and potential
new shareholders.

It is therefore a natural next step to put a proposal to the
shareholders at the next AGM, that Haldex's three existing business
divisions - Commercial Vehicle Systems, Hydraulic Systems and Traction
Systems- will become three independent listed companies, and Haldex
shareholders will own shares in three companies instead of in a single
company.

The Haldex Board of Directors will propose a distribution in accordance
with the so-called Lex Asea rules.  The intention is to submit the
proposal to shareholders at the AGM in the second quarter of 2011.  This
assumes that no information of material importance emerges prior to the
AGM that would justify a different and more preferable course of action.

More information will be made available as and when appropriate, and
detailed information will be distributed to shareholders at the latest
by the time of publishing the 2010 year-end report in the first quarter
of 2011.

Lazard is acting as financial advisor and Mannheimer Swartling is acting
as legal advisor to Haldex AB.

For additional information, please contact:

Joakim Olsson, President and Group CEO, phone 46 8 545 049 52 or Stefan
Johansson, CFO, phone 46 8 545 049 51.