ANNUAL REPORT 2007 FOR BE GROUP PUBLISHED


ANNUAL REPORT 2007 FOR BE GROUP PUBLISHED

Press Release
March 20, 2008

BE Group's Annual Report for 2007 has been published today on the website
www.begroup.com. In the CEO's comments, President and CEO Håkan Jeppsson takes
stock of BE Group´s first full year as a listed company:

”I am pleased to report that the Group performed very well in 2007. Despite the
turbulence in the stainless steel market, BE Group is reporting earnings on par
with 2006 and the company's best underlying earnings ever. Service sales rose
steadily during the year and the service component of total sales was 34% for
the full year, up from 32% in 2006.”

Briefly, BE Group´s strategy establishes that the Group will expand primarily in
Central and Eastern Europe and enhance the service proposition to bolster the
company's growth, competitiveness and long-term profitability.

”BE Group expanded the strategy during the year and resolved to redouble efforts
to develop the service proposition through investments, acquisitions and other
actions in all markets”, says Håkan Jeppsson.

The company finalized two structural transactions shortly before and after the
end of 2007 to strengthen the Group's presence in several geographical markets
and the Group´s opportunities to further increase the service component of
sales.

”In the next few years, BE Group is going to sharpen focus on service to
strengthen the company's competitiveness, profitability and growth. This will
involve stepping up investments in production equipment and new skills to create
higher value for BE Group and its customers. Another key task - when the
opportunity presents itself - will be additional strategic acquisitions”, Håkan
Jeppsson says.

The Annual Report can be ordered at www.begroup.com.

If you have any questions, please contact:
Håkan Jeppsson, President and Chief Executive Officer, tel: +46 (0) 70-550 15
17, e-mail: hakan.jeppsson@begroup.com or Torbjörn Clementz, Chief Financial
Officer, tel: +46 (0) 70-896 07 88, email: torbjorn.clemetz@begroup.com.

BE Group, listed on the Stockholm Stock Exchange since November 24, 2006, is one
of the leading trading and service companies in steel and other metals in
Europe. The company has about 10,000 customers, primarily within the
construction and engineering industries. BE Group provides service in the steel,
stainless steel and aluminium sectors. The company's sales in 2007 were SEK 7.7
billion. BE Group has approximately 1 000 employees in ten countries in northern
Europe, where Sweden and Finland are its largest markets. The head office is in
Malmö, Sweden. Read more about BE Group at www.begroup.com.

Attachments

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