STOCKHOLM, Sweden, Sept. 9, 2005 (PRIMEZONE) -- Morgan Stanley Capital International has decided to reclassify Trelleborg AB from sub-industry 25101020 Tires and Rubber to sub-industry 20106020 Industrial Machinery. Classification is undertaken in accordance with Global Industry Classification Standard (GICS), the classification standard used by all Nordic Stock Exchanges.
The reclassification entails that Trelleborg will be included in the following sub-indices of the Stockholm Stock Exchange from September 15.
Sector SX20PI Industrials (previously 25 Consumer
Discretionary)
Industry Group SX2010PI Capital Goods (previously 2510
Automobiles and
Components)
Industry SX251060PI Industrial Machinery (previously 251010 Auto
Components)
No indices are compiled at the sub-industry level.
Other companies on the Stockholm Stock Exchange's Most Traded list (a section of the A-list) and that have the same sub-industry classification as Trelleborg include Atlas Copco, Sandvik and SKF.
Trelleborg will continue to be included in the Stockholm Stock Exchange All-Share and Benchmark indices.
The change in Trelleborg's industry classification is a result of the Group's gradual transition and focus on core industrial operations over the past decade. Today, Trelleborg AB is a global industrial concern whose products seal, damp and protect in demanding industrial environments. The Group's customers are mainly found within aerospace, infrastructure/construction, transportation, automotive, oil/gas, agricultural and other industry.
Further information can be obtained from Trelleborg's Senior Vice president, Corporate Communications, Mikael Bystrom, +46 (0)410-670 37, +46 (0)708-552169 or from Viktoria Bergman, Vice President, Corporate Communications, +46 (0)410-67094, +46 (0)708-475733.
Trelleborg is a global industrial group. Operations are based on spearhead competence within polymer materials and a high level of industrial know-how, combined with functional solutions and systems designed to meet the needs of our customers. The Trelleborg Group has annual sales of approximately SEK 23 billion, with about 22,000 employees in 40 countries. Trelleborg consists of five business areas: Trelleborg Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems, Trelleborg Building Systems and Trelleborg Sealing Solutions. The Trelleborg share has been quoted on the A list of Stockholmsborsen since 1964.
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