Lars Renstrom, President and CEO of Seco Tools, Leaves the Company

Fagersta, SWEDEN


FAGERSTA, Sweden, April 27, 2004 (PRIMEZONE) -- Seco Tools President and CEO Lars Renstrom has been offered and accepted to take up the position as President and CEO of the Alfa Laval Group. Lars Renstrom has six months' notice. The Seco Tools Board of Directors will begin the work to find his successor as soon as possible.

Fagersta, April 27, 2004

SECO TOOLS AB; (publ)

BOARD OF DIRECTORS

For further information, contact Gunnar Bjorklund, Board Chairman, +46 70 318 10 56

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