TTKMT's subsidiaries LIDKOPING receives a new large order from ChinaTT


UPPLANDS VASBY, Sweden, Sept. 10, 2004 (PRIMEZONE) --TTLIDKOPING receives their third large order from Wanxiang Group Corporation and TTthe KMT Group continues its success on the Chinese market.

The customer Wanxiang Group Corporation is one of the top 500 companies in China and is a QS 9000 Certified Manufacturer (working on TS 16949). In the Automotive Parts Industry, Wanxiang is a reliable supplier of Universal Joints, Bearings, and CV Joints to customers in over 40 countries around the world. Wanxiang America Corporation provides full-line customer service to the United States, Canada, Latin and South America and all of Europe.

The order consists of complete systems for hub bearing grinding including handling and measuring equipment. For Lidkoping, this is the third order from Wanxiang for similar equipment. The delivery will take place in 2005. ``The Chinese market is very important for Lidkoping and this order strengthens our position further in China", says Johan Westberg President at Lidkoping.

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For further information, please contact:
Lars Bergstrom, CEO, Karolin Machine Tool AB
Tel: 08-594 211 50 or via e-mail: HHTUTUlars.bergstrom@kmt.seUUTTHH
Johan Westberg, President, Lidkoping Machine Tools AB
Tel: 0510 880 00 / 070 558 82 98
e-mail: HHTUTUjohan.westberg@lidkoping.comUUTTHH