FinnvedenBulten wins two strategic contracts for interior structures

FinnvedenBulten wins two strategic contracts for interior structures

PRESS RELEASE |GOTHENBURG, 5 October 2011.

FinnvedenBulten, division Finnveden Metal Structures has signed two
separate contracts in the automotive sector for the delivery of cross
car beams, firmly cementing the division's strategy of growing in steel
and light metal structures. The contracts are worth in the region of EUR
3 million and EUR 4 million a year respectively.

“These contracts strengthen our position as a supplier of interior
structures for the automotive industry, while also further broadening
our offering. Both orders are for existing customers, and we are
delighted to be given greater confidence for more business together. We
look forward to continuing our excellent collaboration,” says Johan
Nordgren, Vice President Sales & Engineering.

The contracts are fully in line with Finnveden Metal Structures'
strategic direction, and strengthen the company's position as a supplier
of interior structures to the automotive industry. Both contracts relate
to the same type of application, but they differ in choice of material.

One of the orders relates to die cast cross car beams in magnesium,
which will be made at the Group's foundry in Bielsko-Biala, Poland.
Production will begin this year and continue for approximately three
years.

The other order relates to cross car beams in steel, and the components
for these will be made at the Group's sheet metal factory in
Bielsko-Biala, Poland, starting in 2013 and continuing for around six
years.

Alongside previous contracts, this makes Finnveden Metal Structures a
supplier of this type of interior structure in magnesium, steel and
mixed materials, which demonstrates unique expertise and flexibility in
materials and manufacturing.

For further information, please contact:
Johan Nordgren, Vice President Sales & Engineering, Finnveden Metal
Structures
Tel: + 46 (0)31-734 59 00, e-mail:
media@finnvedenbulten.com (media@finnvedenbulten.com)

NB
The information in this announcement is required to be disclosed by
FinnvedenBulten AB (publ) under the Swedish Securities Markets Act (Sw.
lag om värdepappersmarknaden).

FinnvedenBulten develops and manages industrial businesses, offering
products, technical solutions and systems in metallic materials. The
Group operates as a business partner to international customers in the
engineering industry, primarily the automotive industry. FinnvedenBulten
is structured into two divisions - Finnveden Metal Structures and Bulten
- both with strong positions in their respective customer segments.
FinnvedenBulten is listed on NASDAQ OMX Stockholm. Further information
at www.finnvedenbulten.com (http://www.finnvedenbulten.com/).

Division Finnveden Metal Structures manufactures products in steel,
magnesium and aluminium, or a combination of those materials. The main
manufacturing processes are stamping, die casting and joining. The
components include interior, chassis and body parts for the automotive
industry, as well as customised components for general industry, which
account for a small but growing share of sales.