Trelleborg signs Agreement in Principle to sell its shares in TrelleborgVibracoustic to Freudenberg

Trelleborg has signed an Agreement in Principle with Freudenberg to sell its
shares in TrelleborgVibracoustic to Freudenberg. The proposed transaction
represents the conclusion of the communicated plan for Trelleborg’s exit from
the joint venture.

The transaction is subject to signing of a final agreement and, thereafter,
conditional upon the approval from relevant authorities. The transaction is
expected to be completed in the second quarter of 2016 and would be effective as
from January 1, 2016.

“TrelleborgVibracoustic has successfully integrated two global leaders within
automotive antivibration solutions, and in the process delivered significant
synergies, improved its footprint and strengthened its positions over the past
years. Throughout this journey we have enjoyed great co-operation with
Freudenberg,” says Peter Nilsson, President and CEO of Trelleborg.

The transaction is based on an enterprise value of EUR 1.8 billion for
TrelleborgVibracoustic.

Trelleborg will receive a purchase consideration equivalent to an equity value
of SEK ~6.8 billion, in addition to the dividend of SEK ~1.4 billion received in
December 2015. This corresponds to a total value of SEK ~8.2 billion.
Approximately 10 percent of the purchase consideration is subject to
TrelleborgVibracoustic’s forecasted sales performance in 2016 and 2017.
Consequently, the final consideration may be somewhat higher or lower than the
above equity value.

The purchase consideration corresponds to approximately SEK 25 per Trelleborg
share, and will result in a capital gain of SEK ~4 billion (approximately SEK 15
per Trelleborg share) of which the full amount will increase Trelleborg’s
equity.

“I am certain that TrelleborgVibracoustic will continue to develop as the global
market leader in its segment. The purchase consideration we will receive is in
line with our expectations and represents a clean exit option. The transaction
allows Trelleborg to further focus on its overall strategy aimed at developing
leading positions in selected segments,” concludes Peter Nilsson.

TrelleborgVibracoustic is currently undergoing a process to change its name to
Vibracoustic.

Telephone conference

Analysts, investors and media are invited to attend a telephone conference at
10:00 a.m. CET on April 7, 2016. Please see the separate invitation for details.
For further information, please contact:
Media: Vice President Media Relations Karin Larsson, 46 (0)410 67015, 46 (0)733
747015, karin.larsson@trelleborg.com
Investors/analysts: Vice President IR Christofer Sjögren, 46 (0)410 67068, 46
(0)708 665140, christofer.sjogren@trelleborg.com
Trelleborg is a world leader in engineered polymer solutions that seal, damp and
protect critical applications in demanding environments. Its innovative
solutions accelerate performance for customers in a sustainable way. The
Trelleborg Group has annual sales of SEK 25 billion in over 40 countries. The
Group comprises five business areas: Trelleborg Coated Systems, Trelleborg
Industrial Solutions, Trelleborg Offshore & Construction, Trelleborg Sealing
Solutions and Trelleborg Wheel Systems. In addition, Trelleborg owns 50 percent
of Vibracoustic, the global market leader within antivibration solutions for
light and heavy vehicles, with annual sales of SEK 18 billion in about 20
countries. The Trelleborg share has been listed on the Stock Exchange since 1964
and is listed on Nasdaq Stockholm, Large Cap.
www.trelleborg.com

This is information of the type that Trelleborg AB (publ) is obligated to
disclose in accordance with the Swedish Securities Exchange and Clearing
Operations Act and/or the Financial Instruments Trading Act. The information was
issued for publication on April 7, 2016, at 7:45 a.m. CET.