Alfa Laval’s Board of Directors withdraws buy-back proposal

The Board of Directors of Alfa Laval AB (publ) has decided to withdraw its
proposal to the Annual General Meeting, regarding a resolution authorising the
Board to buy-back shares in the company, following Alfa Laval’s agreement to
acquire Frank Mohn AS.
Alfa Laval announced on April 7, 2014 that an agreement had been signed to
acquire Frank Mohn AS. For this reason, the Board of Alfa Laval has decided to
withdraw item 17 (encompassing the resolution to authorize the Board to buy back
shares in the company) from the agenda of Alfa Laval's Annual General Meeting
2014.

The purpose of the authorization was to enable the Board to adjust the company’s
capital structure, after which the Board intended to propose the next Annual
General Meeting to approve the cancellation of the shares repurchased by Alfa
Laval under the authorization. Given the size of the acquisition of Frank Mohn
AS, it is the Board’s assessment that such an authorization is not required for
the period until the next Annual General Meeting and the item is therefore
withdrawn.

The Annual General Meeting will be held at 4 p.m. CET, April 28, 2014 in
accordance with the earlier made notice.

__________________________

Lund, April 2014

ALFA LAVAL AB (publ)

The Board of Directors

About Alfa Laval

Alfa Laval is a leading global provider of specialized products and engineering
solutions based on its key technologies of heat transfer, separation and fluid
handling.

The company’s equipment, systems and services are dedicated to assisting
customers in optimizing the performance of their processes. The solutions help
them to heat, cool, separate and transport products in industries that produce
food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar
and ethanol.

Alfa Laval’s products are also used in power plants, aboard ships, in the
mechanical engineering industry, in the mining industry and for wastewater
treatment, as well as for comfort climate and refrigeration applications.

Alfa Laval’s worldwide organization works closely with customers in nearly 100
countries to help them stay ahead in the global arena.

Alfa Laval is listed on Nasdaq OMX, and, in 2013, posted annual sales of about
SEK 29.9 billion (approx. EUR 3.45 billion). The company has today about 16,300
employees.

www.alfalaval.com