PRESS RELEASE - Statement from the Board of Directors - 11 June 2008


PRESS RELEASE -  Statement from the Board of Directors - 11 June  2008

The Board of Directors of Ballingslöv International AB recommends shareholders
not to accept the offer from Stena Adactum

•	The Board of Directors of Ballingslöv International AB recommends shareholders
not to accept the offer from Stena 
•	Strong belief that Ballingslöv as a stand-alone company long-term creates
shareholder value through existing business model
•	Continued expansion opportunities are expected to strengthen long-term growth
in revenues and earnings 
•	Continued strong profitability for Kvik and additional growth through
international expansion
•	Continued consolidation through acquisitions in a fragmented kitchen market

The Board of Directors wishes to draw shareholders' attention to the following
factors

•	The already concentrated ownership of the company can become even more
concentrated after the Offer is concluded, which may be presumed to result in
limited share trading liquidity
•	The general economic development is currently uncertain and, in the event that
further economic developments are worse than expected, this could have a
negative effect on Ballingslöv's earnings. 


Org. No. 556556-2807

www.ballingslovinternational.com

Ballingslöv International AB is one of the leading manufacturers of kitchen and
bathroom furniture and storage products in the Nordic countries and kitchen
furniture in Great Britain. The products are sold under several strong and, in
respective market, well-known trademarks, including Ballingslöv, Kvik, JKE
Design, dfi/Geisler, Multiform, 3BO and Paula Rosa.  The Ballingslöv Group has
production facilities in Sweden, Denmark and in Great Britain with a turnover of
app. MSEK 3 000 and 1 500 employees.

Attachments

06122140.pdf