Nefab acquires packaging company in Austria

Nefab acquires packaging company in Austria

Nefab has signed an agreement to acquire all shares in the Oskar Eder
Verpackungstechnik GmbH packaging company in Linz, Austria. 

Oskar Eder Verpackungstechnik supplies packaging materials to industrial
companies, mainly in Austria. Sales in 2007 are expected to amount to EUR 6 M
and operating profit to EUR 0.5 M. The operation has eight employees.

Nefab will pay EUR 1.8 M at takeover of the company and a supplemental purchase
price based on the company's earnings until 2009 up to a maximum of EUR 0.8 M.
The acquisition will result in a surplus value of approximately EUR 1.4 M, plus
any supplemental purchase price. A preliminary valuation of intangible assets
revealed a predominant proportion of depreciable values.

The acquisition is part of Nefab's effort to extend its market presence in
Europe and represents a broadening of the product range and product know-how in
the Nefab Group. Oskar Eder Verpackungstechnik provides complete packaging
solutions, which will strengthen Nefab's offering to the Austrian market. 

The acquisition will be carried out through a wholly owned Nefab subsidiary in
Austria. 

The company is located in Linz, Austria and Nefab intends to continue conducting
operations in the existing leased premises.

The acquisition is not expected to affect Nefab's earnings per share in 2007.
“The acquisition is part of our effort enhance our presence in Austria,” says
Lars-Åke Rydh, President and CEO of Nefab. ”We expect that the acquired unit
will become a base for future growth in the region,” continues Rydh. 

For further information, contact: President Lars-Åke Rydh, +46-70-592 45 70, 
e-mail lars-ake.rydh@nefab.se, or CFO Anna Stålenbring, +46-70-814 23 44, 
e-mail anna.stalenbring@nefab.se

Jönköping, September 28, 2007


Lars-Åke Rydh
President and CEO


Nefab delivers complete packaging solutions to international industrial groups,
primarily within the telecom and automotive industries. Nefab companies are
located in Europe, North and South America and Asia. Invoiced sales in 2006
amounted to SEK 1.9 billion. The Nefab share is listed on OMX Nordic Exchange,
category Mid Cap.