Haldex Secures Order For All-Wheel Drive System To Volvo Car Corporation

STOCKHOLM, Sweden--Regulatory News:

The business awarded is a continuation of the existing business with Volvo cars.

Volvo has chosen Haldex as supplier of AWD technique to replace the current Generation four product in their current and future platform. The AWD-system is the fifth generation of the established Haldex AWD-coupling. The fifth generation is developed to meet future market requirements on weight, cost and fuel consumption.

The new order starting in 2012 is strategically important to Haldex, as it strengthens our position as Market leader long term and also shows our good and valuable relation ship with Volvo Car Corp.

The Haldex coupling will be manufactured and supplied from the Haldex production facility in Landskrona, Sweden.

Haldex currently supplies several of the major OEM:s, Volkswagen, Audi, Skoda, Seat, Volvo, Ford Motor Company, Land Rover and General Motors with proprietary and advanced systems and solutions for All-Wheel-Drive system.

The winners are appointed by a jury of highly qualified representatives of industry, the academic community and the Association Fluid Scandinavia.

Haldex (www.haldex.com), headquartered in Stockholm, Sweden, is a provider of proprietary and innovative solutions to the global vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Nasdaq OMX Stockholm Stock Exchange and had net sales of nearly 5.5 billion SEK in 2009. The number of employees amounts to about 4,000.

Haldex discloses the information in this press release according to the Swedish Securities Market Act and/or the Swedish Financial Trading Act. The information was provided for public release on Friday February 12, 2010.

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