Annual General Meeting of Lagercrantz Group AB 31 August

Annual General Meeting of Lagercrantz Group AB 31 August 2010

Resolutions including the following were passed by the Annual General
Meeting and the ensuing statutory Board of Directors Meeting held 31
August 2010:

Dividend
A dividend of SEK 1.50 per share was declared in accordance with the
proposal of the Board of Directors. Friday, 3 September 2010 is record
day for receiving dividend that is expected to be remitted by Euroclear
Sweden (former VPC AB) Wednesday, 8 September 2010.

Discharge from liability for the directors and the President
The Annual General Meeting granted discharge from liability to the Board
of Directors and the President for their management during 2009/10.

Board of Directors
The Annual General Meeting passed a resolution in accordance with the
proposal of the Election Committee. The following directors were
re-elected:

Pirkko Alitalo
Anders Börjesson
Tom Hedelius
Lennart Sjölund
Jörgen Wigh, President & CEO of Lagercrantz Group

Anders Börjesson was re-elected by the Annual General Meeting as
Chairman of the Board of Directors. At the ensuing statutory Board of
Directors Meeting Tom Hedelius was re-elected to serve as Vice Chairman
of the Board of Directors. The entire Board of Directors with the
exception of the President & CEO was elected to serve as the Company's
Audit Committee. The Chairman and the Vice Chairman were appointed to
serve as the Company's Compensation Committee with the President & CEO
submitting reports.

Election Committee
The Annual General Meeting passed a resolution in accordance with the
proposal of the year's Election Committee to authorise the Chairman of
the Board of Directors to contact the largest shareholders by vote as of
31 December 2010 and ask these shareholders to appoint members who,
together with the Company's Chairman, would constitute the Election
Committee. The Election Committee shall consist of five members. 

Principles for compensation to management
The Annual General Meeting passed a resolution in accordance with the
proposal of the Board of Directors on principles for compensation and
other terms of employment for management.

Issuance of call options on repurchased shares and conveyance of
treasury shares to managers and members of senior management
In accordance with the proposal of the Board of Directors, and in a
departure from the preferential rights of existing shareholders, the
Annual General Meeting resolved to offer managers and members of senior
management to acquire call options on class B treasury shares. Up to
260,000 call options giving its holders the right to acquire a
corresponding number of shares may be issued. Options shall be acquired
at market value. The redemption price will be 120 percent of the average
market price of the share during period 6 September 2010 - 17 September
2010.

The Annual General Meeting also resolved to convey to the option holders
up to 260,000 of the shares held in treasury at the set redemption price
in conjunction with any utilisation of the of call options.

Repurchase and conveyance of treasury shares
In accordance with the proposal of the Board of Directors the Annual
General Meeting resolved to authorise the Board of Directors to buy and
sell shares in the Company, on or more occasions, such authorisation to
remain valid until the next following Annual General Meeting.

Purchases shall be made via OMX Nordic Exchange Stockholm at the price
interval prevailing measured as the interval between the highest buy
price and the lowest sale price. Purchases of own shares are limited in
such a way that at no time may shares held in treasury exceed 10 percent
of the number of shares outstanding in the Company.

The Annual General Meeting resolved to authorise the Board of Directors
to sell treasury shares, with or without preferential right for existing
shareholders, at a markets price as remuneration in connection with
acquisitions of businesses or companies, or to ensure delivery of
treasury shares in existing incentive programmes, but not via NASDAQ OMX
Stockholm.

At the ensuing statutory Board of Directors Meeting, the Board of
Directors decided to utilise the authorisation received to purchase
shares in the Company during the period until the next following Annual
General Meeting. The purpose of repurchases is to enable the Board of
Directors to adapt the Group's capital structure and to make possible
future acquisitions of companies and businesses with payment in the form
of shares in the Company, and to cover the Company's obligations under
the incentive programme resolved.

Stockholm, 31 August 2010

Lagercrantz Group AB (publ)

For further information, contact:
Niklas Enmark, CFO, Lagercrantz Group AB, telephone +46 8 700 66 70.