Nobia's 2009 Annual General Meeting

Dividend
With regard to the fact that Nobia's sales and earnings were lower
than expected during the first months of 2009 and with the aim of
creating financial scope for rapidly implementing efficiency
enhancements in the production structure, the Annual General Meeting
accepted the Board of Directors' new recommendation that no dividends
be paid to shareholders for the 2008 fiscal year.

Election of Board members
Board members Stefan Dahlbo, Bodil Eriksson, Hans Larsson, Wilhelm
Laurén, Preben Bager, Thore Ohlsson, Lotta Stalin and Fredrik
Palmstierna were re-elected. Harald Mix declined re-election. Joakim
Rubin, partner at the CapMan Group, was elected a new member of the
Board.

Election of Chairman
The Meeting elected Hans Larsson as Chairman of the Board of
Directors.

Amendment to the Articles of Association
The Annual General Meeting decided to approve the amendment to
Article 9 of the Articles of Association regarding the manner in
which notice of general meetings is to be published, such that
notices be announced in Post- och Inrikes Tidningar and on the
company's website, and that an announcement be made in Dagens
Industri stating that notice has been given.
   The amendment to the Articles of Association is conditional on a
change to the rules on the manner in which notice of general meetings
is to be issued in the Swedish Companies Act.

Performance-related share option scheme
The Annual General Meeting resolved upon a performance-based share
option scheme for 2009. This means that for 2009, approximately 150
senior executives in the Nobia Group will be allotted a total of
2,300,000 employee share options free of charge. The number of
options that may be exercised is determined by the average increase
in earnings per share over the three-year period 2009-2011. Each
employee share option carries entitlement to subscription for one
share in Nobia.
   A detailed description of the employee share option scheme and
other decisions made at the Annual General Meeting are available on
the company's website.

Speech by the President
In his speech at the Annual General Meeting, President and CEO Preben
Bager commented on market trends and described how the year began
with a further weakening in demand, fiercer competition and pressured
margins in Europe. The current exchange-rate situation with a weak
SEK and GBP in relation to the EUR is also not in Nobia's favour.
Nobia's sales and earnings in the first quarter were lower than
expected.
   Preben Bager described the detailed review of the supply chain,
aimed at reducing the cost structure. He gave examples of measures
being implemented to strengthen cash flow and illustrated the work
conducted to capitalise on economies of scale in the supply chain. He
also provided examples of how the market initiatives undertaken in
recent months have contributed to strengthening the company's
positions in several European markets.

Nobia AB
3 April 2009

For further information, contact:
Hans Larsson, Board Chairman
Ingrid Yllmark, Director Communications & IR
Telephone +46 8 440 16 00 or +46 708 65 59 00