Division manager of Haldex Hydraulic Systems will leave at

Division manager of Haldex Hydraulic Systems will leave at his own
request

Ian Dugan, Division Manager of Haldex Hydraulic Systems, is to leave the
company at his own request. Ian Dugan will manage the planned stock
exchange listing of Hydraulic Systems Division until a successor has
taken office. Haldex has commenced the process of recruiting Ian Dugan's
successor.

“We are very satisfied with Ian's work on developing Hydraulic Systems
into a global market leader with attractive new growth opportunities
combined with healthy profitability,” says Joakim Olsson, President and
CEO of Haldex AB.

For further information, please contact:

Joakim Olsson, President and CEO, Tel: 46 (0)8-545 049 52.

Division manager of Haldex Hydraulic Systems will leave at his own request

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