Nominations to Munters AB's (publ) Board of Directors


STOCKHOLM, Sweden, April 14, 2003 (PRIMEZONE) -- At the Annual General Meeting of Munters AB (Other OTC:MUNTF), to be held May 7, 2003, the following proposal will be submitted regarding the number of directors, compensation to the Board of Directors, and election of the members of the Board of Directors. Shareholders who jointly represent approximately 30 per cent of the shares and votes in the company have declared their intention to vote for the proposal. The number of members to remain unchanged, i.e. seven with no deputies. Re-election of Berthold Lindqvist, Soren Mellstig, Bo Ingemarson, Sven Ohlsson, Lars Spongberg and Lennart Evrell and new election of Bengt Kjell. Anders Jagraeus has declined re-election. The Board of Directors is recommended to appoint Berthold Lindqvist as Chairman of the Board.

Bengt Kjell, born in 1954, is Head of New Investments in AB Industrivarden, Chairman in Pandox Hotellfastigheter AB and Kungsleden AB, and Board Member of Hoist International AB and Ossur hf.

Remuneration to the Board of Directors is proposed to remain unchanged, totalling SEK 1.150.000, to be divided in accordance with the Board's decision.


For further information, please contact:
 CEO, Lennart Evrell tel: +46 8 626 6303, mobile: +46 70 588 15 15
 CFO, Bernt Ingman tel: +46 8 626 6306, mobile: +46 70 672 74 54 
 VP Corp. Communications Soren Sjostrom, tel: +46 8 626 6308
                                         mobile: +46 70 600 22 44

Munters is the world leader in moisture control with products and services for dehumidification, humidification and cooling of air. Operations are divided into three geographic regions -- Europe, Americas and Asia. Manufacturing and sales are carried out via the Group's own companies in more than 25 countries. The Group has 3,200 employees and net sales of SEK 4,700 million. Munters is listed on Stockholmsborsen, the Stockholm Stock Exchange. For more information see www.munters.com

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The following files are available for download:

http://www.waymaker.net/bitonline/2003/04/14/20030414BIT00220/wkr0001.doc

http://www.waymaker.net/bitonline/2003/04/14/20030414BIT00220/wkr0002.pdf


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