Notice of Annual General Meeting

Notice of Annual General Meeting

Shareholders in BE Group AB (publ) are invited to attend the Annual
General Meeting to be held on Thursday 28 April 2011, at 4.00 p.m., in
the premises of Nöjesteatern, Amiralsgatan 35 in Malmö.

Attendance must be notified no later than Wednesday 20 April 2011,
preferably before 12.00 noon.

As evident from notice, inter alia the following proposals are submitted
regarding matters at the Meeting:

  · New election of Anders Ullberg, who is also proposed to become
Chairman of the Board, and re-election of the board members Roger
Bergqvist, Cecilia Edström, Marita Jaatinen, Lars Olof Nilsson and Lars
Spongberg. Carl-Erik Ridderstråle and Joakim Karlsson have declined
re-election.

  · Anders Ullberg was born in 1946 and has a degree in business
administration. His assignments include the following: Chairman of the
Board of Boliden AB and Studsvik AB and Board member of Atlas Copco AB
and Beijer Alma AB. Ullberg has previously held positions within the
SSAB Group, including as President between 2000 and 2006.

  · Re-election of the registered accounting company KPMG AB for a
mandate period of one year with Eva Melzig Henriksson as auditor in
charge and that fees to the auditor should be paid according to approved
invoices.

  · Determination of guidelines for remuneration to senior executives.

  · Implementation of a share savings scheme 2011 for key employees in
BE Group. Details can be found in the attached notice.

  · Proposal for a resolution on the authorization of the Board of
Directors to decide on transfer of the company's own shares. Details can
be found in the attached notice.

  · Proposal for a resolution on the authorization of the Board of
Directors to resolve on new share issues in connection with company
acquisitions. Details can be found in the attached notice.

  · The Board of Directors has proposed that no dividend is to be
distributed for the financial year 2010.

Additional information about BE Group can be found on the company
website www.begroup.com (http://www.begroup.com/).

For further information, please contact:

Roger Johansson, President and CEO

tel.: +46 (0)733 188 758                        e-mail:
roger.johansson@begroup.com (lars.bergstrom@begroup.com)

Torbjörn Clementz, CFO and Executive Vice President

tel.: +46 (0)70 869 07 88 e-mail:
torbjorn.clementz@begroup.com (torbjorn.clementz@begroup.com)

BE Group, listed on the Nasdaq OMX Stockholm exchange, is one of
Europe's leading trading and service companies for steel and other
metals. 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
2010, the Group reported sales of SEK 5.1 Bn. BE Group has slightly more
than 900 employees in nine 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