Alfa Laval’s LHE brand intends to close its manufacturing in Qingdao, China

Alfa Laval Group – a world leader in heat transfer, centrifugal separation and
fluid handling – has today announced that LHE will initiate structural changes
to secure long-term competitiveness. The initiative is part of the savings
program announced by Alfa Laval in October 2014.
LHE, a South Korean company within the Alfa Laval Group, intends to close its
Chinese manufacturing operations and move the production of heat exchangers from
Qingdao to its existing site in Busan, South Korea.

The intention is to close the site in Qingdao by end of April, 2015. The change
will affect about 40 employees. LHE will actively work to minimize the negative
impact for the affected employees, and the process will be carried out in line
with the legal requirements in China.

Only LHE’s manufacturing in Qingdao is affected by this initiative, the rest of
Alfa Laval’s production in Qingdao remains unchanged.

Did you know that…Alfa Laval in October 2014 announced a restructuring package
estimated to reach a level of savings of SEK 300 million on an annual basis
during the fourth quarter of 2015?

About Alfa Laval
Group

Alfa Laval is a leading global provider of specialized products and engineering
solutions based on its key technologies of heat transfer, separation and fluid
handling.

The company’s equipment, systems and services are dedicated to assisting
customers in optimizing the performance of their processes. The solutions help
them to heat, cool, separate and transport products in industries that produce
food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar
and ethanol.

Alfa Laval’s products are also used in power plants, aboard ships, oil and gas
exploration, in the mechanical engineering industry, in the mining industry and
for wastewater treatment, as well as for comfort climate and refrigeration
applications.

Alfa Laval’s worldwide organization works closely with customers in nearly 100
countries to help them stay ahead in the global arena.

Alfa Laval is listed on Nasdaq OMX, and, in 2014, posted annual sales of about
SEK 35.1 billion (approx. 3.85 billion Euros). The company has about 18 000
employees.

www.alfalaval.com

For more information please contact:
Peter Torstensson
Senior Vice President, Communications
Alfa Laval
Tel: + 46 46 36 72 31
Mobile: +46 709 33 72 31
Gabriella Grotte
Investor Relations Manager
Alfa Laval
Tel: +46 46 36 74 82
Mobile: +46 709 78 74 82