New Business Area President appointed at Indutrade

Juha Kujula has been appointed as the new President of Indutrade's Engineering & Equipment business area. He has served as President of Indutrade's subsidiary Kontram Oy in Finland since 2009 and will continue in that capacity.

Juha Kujula will assume his duties as President of the business area on 1 January 2013 and succeeds Curt Kock, who is leaving Indutrade for a position outside of the Group.

Stockholm, 22 November 2012

INDUTRADE AB (publ)

         For further information, please contact:
         Johnny Alvarsson, President and CEO Indutrade, tel: +46 70 589 17 95.