BE Group's capital markets day 2010

BE Group's capital markets day 2010

BE Group AB is holding a capital markets day in Stockholm, Sweden, today
between 2.00 p.m. and 5.00 p.m. CET. The program and presentations will
be available in pdf format from the BE Group website at
www.begroup.com->Investor Relations.

The CEO, Lars Bergström, will provide a review of developments in 2009,
market conditions and the Group's business model and strategy. He will
repeat his message from the first quarter, which told of rising steel
prices resulting from higher costs for raw materials and increased
demand from BE Group's customers. In the strategy section of his
presentation, he will talk about how BE Group is to achieve its
operational objectives, which include growing more rapidly than the
steel market, increasing the Group's share of production services to 50
percent and strengthening its operational excellence.
The deputy CEO and CFO, Torbjörn Clementz will present the financial
trend up to and including the first quarter of 2010 and the initiatives
that have been taken to reduce the Group's cost base and enhance its
capital efficiency. He will also announce that BE Group has signed a new
three-year credit agreement with Skandinaviska Enskilda Banken and
Svenska Handelsbanken. The total credit facility amounts to SEK 1,300 M,
including guarantee facilities, and matures in May 2013. The Group's
financial targets will be subject to review over the year. Currently,
the targets remain intact with the exception of net debt in relation to
total equity, for which the target has been adjusted to a maximum of 125
percent, previously 150 percent.
Senior Vice President Purchasing and Production, Per Horstmann, will
present current market trends, prices and fluctuations in global steel
consumption.
The Business Area Managers for Sweden, Finland and CEE will describe
their operations and provide examples of how the Group's strategy is
being implemented. They will focus on deepened cooperation projects with
customers, efficient logistics solutions and growth in mature and new
markets.
In conclusion, Lars Bergström and Torbjörn Clementz will provide an
update on the general market situation and developments in the second
quarter thus far. As previously announced the demand and sales prices
have increased during the second quarter. Compared with the first
quarter, delivered tonnage per working day has risen by more than 15
percent to date. Over the same period, the average sales price has risen
by slightly less than 10 percent.

Lars Bergström, President and CEO Tel. +46 (0)702 240 5235 E-mail:
lars.bergstrom@begroup.com Torbjörn Clementz, CFO and Deputy CEO Tel.
+46 (0)70 869 07 88 E-mail: torbjorn.clementz@begroup.com