Husqvarna settles engine-capacity lawsuit in the US

Husqvarna settles engine-capacity lawsuit in the US

Husqvarna and a number of other parties have reached a settlement in a lawsuit
in a Federal District Court in Illinois, USA, regarding alleged inaccurate
specification of engine capacity in lawn mowers. The lawsuit, which has been
pending since 2004, will thus be withdrawn. 

The other parties are manufacturers or sellers of lawn mowers or engines for
lawn mowers. 
The settlement includes more than 65 similar or parallel lawsuits in all 50
states in the US. 

Husqvarna's settlement cost amounts to approximately SEK 100m (USD 13.7m), of
which SEK 50m (USD 13.7m) was not previously expensed and will be charged
against operating income for the first quarter of 2010. 

Husqvarna agreed to the settlement in order to avoid a prolonged and expensive
legal process in which the results are uncertain. The Group continues to deny
that there is any justification for the claims against the company. 

The settlement is subject to court approval in the US.

For additional information, please contact
Åsa Stenqvist, Senior Vice President, Communications and Investor Relations,
telephone +46 8 738 64 94
Husqvarna Press Hotline at +46 8 738 70 80 or press@husqvarna.se


The Husqvarna Group is the world's largest producer of outdoor power products
including chainsaws, trimmers, lawn mowers and garden tractors. It is the
European leader in consumer irrigation equipment under the Gardena brand. The
Group is also one of the world leaders in cutting equipment and diamond tools
for the construction and stone industries. Net sales in 2009 were SEK 34 billion
and the average number of employees was 15,000.

The above information has been made public in accordance with the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
published at 09.30 on 1 March 2010.