LARS BERGSTRÖM NEW PRESIDENT AND CEO OF SECO TOOLS AB

LARS BERGSTRÖM NEW PRESIDENT AND CEO OF SECO TOOLS AB

Lars Bergström has been appointed new President and CEO of Seco Tools
AB. He will take up his new position in the first quarter of 2011. 

Lars Bergström, 52 years old, holds a Master of Science in Engineering
from the Royal Institute of Technology in Stockholm and an MBA from
Uppsala University. Lars has a long experience from the Swedish
engineering industry, and today holds the position as President and CEO
of listed BE Group AB. Lars was previously for instance President and
CEO of Karoline Machine Tools (KMT) and held several leading positions
within the ABB Group. 

Fagersta, 8 November 2010 

SECO TOOLS AB (publ) 

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The information contained herein is subject to the disclosure
requirements of Seco Tools AB under the Swedish Securities Exchange and
Clearing Operations Act and/or the Financial Instruments Trading Act.
This information was submitted for publication on 8 November  2010, 8:45
a.m. CET. 

For additional information contact Board Chairman Anders Ilstam,
telephone +46 70-630 7602 

Previously published information can be found under “About Seco
Group/Investor Relations” on the Seco Tools website
(www.secotools.com (http://www.secotools.com/)). Seco Tools AB's
corporate registration number is 556071-1060 and the company's address
is Seco Tools AB, SE-737 82 Fagersta, Sweden. The telephone number to
the Group head office is +46 223-400 00.