STOCKHOLM, Sweden, April 01, 2003 (PRIMEZONE) -- The Electrolux (Nasdaq:ELUX) Annual Report for 2002 is available on the Internet as of today, at www.electrolux.com/annualreport2002
The printed version will be distributed at the end of this week.
The annual report includes comprehensive comments on vital strategic issues by the President and CEO, as well as a new section on corporate governance. It also includes detailed information on remuneration to the Board of Directors and Group Management, and on the costs of the Group's option programs.
The report by the Board of Directors has been redesigned for enhanced readability, and comments on results are given in direct connection with the financial statements.
The Electrolux Group is the world's largest producer of powered appliances for kitchen, cleaning and outdoor use, such as refrigerators, washing machines, cookers, vacuum cleaners, chainsaws, lawn mowers, and garden tractors. Every year, customers in more than 150 countries buy more than 55 million Electrolux Group products for both consumer and professional use sold under famous brands such as AEG, Electrolux, Zanussi, Frigidaire, Eureka and Husqvarna. In 2002, Electrolux had sales of SEK 133.2 billion and 82,000 employees.
For more information, please contact; Electrolux Investor Relations at +46 8 738 6003 Electrolux Press Hotline is available at +46 8 657 65 07
For cancellation of or changes to this fax distribution service, please return this document to fax +46 8 738 74 61, and indicate the required changes.
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The following files are available for download:
http://www.waymaker.net/bitonline/2003/04/01/20030401BIT00550/wkr0001.doc
http://www.waymaker.net/bitonline/2003/04/01/20030401BIT00550/wkr0002.pdf