New President and CEO and new executive management in FinnvedenBulten

FinnvedenBulten focuses entirely on fasteners and a new Group Executive
Management team, well established and with long experience from the fasteners-
and automotive industry has been formed. The new President and CEO and the new
executive management team take up their positions on July 1, 2014 and will
concentrate fully on the growing international fasteners business. The intention
is also to change the name FinnvedenBulten to Bulten which means that an
Extraordinary General Meeting in the parent company is required.
In connection with the closing of the sale of division Finnveden Metal
Structures June 30, 2014 the employee representatives Katarina Olsson and Peder
Johansson (deputy), both employed by Finnveden Metal Structures, resign from
their assignments in FinnvedenBulten’s board.

FinnvedenBulten’s new executive management will consist of:

Tommy Andersson, President and CEO
Since 2001 head of division Bulten and Executive Vice President of
FinnvedenBulten since 2011. Employed by the Group since 2000. Previous senior
positions mainly within the Autoliv Group. Born 1953. Holding in
FinnvedenBulten: 182 868 shares.

Helena Wennerström, Executive Vice President and CFO
Since 2009 CFO of FinnvedenBulten and CFO of Bulten since 2006. Employed by the
Group since 2002. Previous positions within Bulten, Digitalfabriken and Topcon
among others. Born 1965. Holding in FinnvedenBulten: 92 590 shares.

Magnus Carlunger, Senior Vice President Technology and Business Development
Since 2003 Managing Director of Bulten Sweden AB. Employed by the Group since
1995. Previous positions within C I Pihl among others. Born 1967. Holding in
FinnvedenBulten: 8 000 shares.

Torbjörn Hjerpe, Senior Vice President Purchasing
Since 2004 Vice President Quality, Environment and Purchasing, Bulten. Employed
by the Group since 2004. Previous positions within Volvo Trucks among others.
Born 1950. Holding in FinnvedenBulten: 24 442 shares.

Anders Karlsson, Senior Vice President Market and Sales
Since 2003 Vice President Marketing, Bulten. President of EIFI (European
Industrial Fasteners Institute) since 2008. Employed by the Group since 1975.
Previous positions within various Bulten companies among others. Born 1949.
Holding in FinnvedenBulten: 23 842 shares.

Jörg Neveling, Senior Vice President Production
Since 2005 Vice President Production, Bulten and Managing Director of Bulten
GmbH since 2009. Employed by the Group since 1995. Previous positions within
Knipping – Dorn and GKS GmbH among others. Born 1960. Holding in
FinnvedenBulten: 23 842 shares.

Kamilla Oresvärd, Senior Vice President Corporate Communications
Since 2011 Vice President of FinnvedenBulten. Employed by the Group since 2005.
Previous positions within Finnveden and SCA among others. Born 1967. Holding in
FinnvedenBulten: 300 shares.

For further information, please contact:

Roger Holtback, Chairman of the Board, FinnvedenBulten AB
Tommy Andersson, President and CEO, FinnvedenBulten AB
Tel: 031-734 59 00, e-post: 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). The information was submitted for publication on June
30, 2014, at 12:00 CET.

Bulten is part of FinnvedenBulten, listed on NASDAQ OMX Stockholm. After the
sales of its division Finnveden Metal Structures, FinnvedenBulten focus fully on
fasteners and intends to change name to Bulten. Bulten is one of the largest
suppliers of fasteners to the European automotive industry. The product range
spans from customer specific standard products to customized special fasteners
and comprise technological development, line feeding, logistics, materials and
production know how. Bulten offers a Full Service Provider concept or parts
thereof. Further information can be found at www.bulten.com and
www.finnvedenbulten.com.