Haldex to Supply Compressors

KANSAS CITY, Mo., Feb. 18, 2005 -- Haldex announced today that its Air Management Division (a part of its Commercial Vehicle Systems business area) has signed a contract with a major global engine manufacturer to supply air compressors for their North American production. First deliveries of the new air compressor will begin late in 2005, and the contract is estimated to have a $75,000,000 value over the life of the contract.

For Haldex, this is an important strategic step to regain leadership in engine-mounted compressors for air brake systems, and fulfill its strategy to supply the global commercial vehicle market with complete air brake systems.

Boasting the highest drive-thru torque capacity and highest turbo-charged inlet pressure capability in the industry, the new high output twin-cylinder compressor design meets the demanding present and future requirements of the commercial vehicle industry.

About Haldex

Haldex Commercial Vehicle Systems ( http://www.hbsna.com/ ) is a leading manufacturer and distributor of heavy-duty air brake system and suspension control system components. It operates globally with headquarters in Kansas City, Missouri, and manufacturing and engineering facilities located in the United States, the United Kingdom, Sweden, Germany, Brazil, and India. Sales organizations for the main geographic markets are headquartered in Kansas City; Weyersheim, France; Sao Paulo, Brazil; and Seoul, Korea.

Haldex Commercial Vehicle Systems is a part of Haldex Group ( http://www.haldex.com/ ), an innovator in vehicle technology and supplier of proprietary products for trucks, cars and industrial vehicles on a global basis. Haldex Group is listed on the Stockholm Stock Exchange, and has annual sales of $950 million with 4,150 employees.