Interim Report January - September 2008

Interim Report January - September 2008

Third quarter
□ Order intake amounted to SEK 1,582 M (1,674), - down 3% adjusted (1)
□ Net sales amounted to SEK 1,597 M (1,597), - up 2% adjusted (1)
□ EBIT before amortization and nonrecurring costs totaled SEK 119 M (152)
□ Costs for the MEP2 program (Munters Efficiency Program phase 2) and other
nonrecurring costs totaled SEK 35 M
□ Net earnings after tax totaled SEK 40 M (87)
□ Earnings per share amounted to SEK 0.53 kronor (1.16)
□ Operating cash flow amounted to SEK 49 M (neg: 25)

Interim-report period
□ Order intake amounted to SEK 4,854 M (4,889), up 1% adjusted (1)
□ Net sales increased to SEK 4,689 M (4,525), up 5% adjusted (1)
□ Net earnings after tax totaled SEK 147 M (235)
□ Earnings per share amounted to SEK 1.97 (3.15)

(1) Pro forma, adjusted for currency fluctuations, acquisitions and divestment.

For further information, please contact:
Lars Engström, CEO Tel: +46 8 626 63 03 Mob: +46 70 228 85 19
Jonas Samuelson, CFO Tel: +46 8 626 63 06 Mob: +46 70 626 63 79

Munters is a global leader in energy efficient air treatment solutions and
restoration services based on expertise in humidity and climate control
technologies. Customers are served in a wide range of segments, the most
important being insurance-, utilities-, food-, pharma- and electronics-
industries. Manufacturing and sales are carried out via the Group's own
companies in more than 30 countries. The Group has over 4,000 employees and net
sales of about SEK 6.3 billion. The Munters share is listed on OMX Nordic
Exchange Stockholm, Mid Cap. For more information see www.munters.communters.com