Nobia's 2008 Annual General Meeting

Dividend
The Annual General Meeting today approved a dividend of SEK 2.50 per
share for the fiscal year. The record date for the right to receive
dividends is 4 April 2008 and payment through VPC is expected to take
place on 9 April 2008.

Election of Board members
Board members Stefan Dahlbo, Bodil Eriksson, Hans Larsson, Wilhelm
Laurén, Harald Mix, Thore Ohlsson, Lotta Stalin and Fredrik
Palmstierna were re-elected. Preben Bager, Executive Vice President
and, as of 2 April 2008, President and CEO of Nobia, was elected as
new Board member. Fredrik Cappelen resigned from his position as CEO
and Board member.

Election of Chairman
The Meeting elected Hans Larsson as Chairman of the Board of
Directors.

Performance-related employee share option scheme
The Annual General Meeting resolved upon a share option scheme. This
means that for 2008, approximately 200 senior executives in the Nobia
Group will be allotted a total of a maximum of 2,650,000 employee
share options free of charge. The number of options that may be
exercised is determined by the average increase in earnings per share
over the three-year period 2008-2010. Each employee share option
entitles subscription for one share in Nobia.

Authorisation regarding buy-back of treasury shares
The Annual General Meeting decided to authorise the Board of
Directors to acquire and sell treasury shares during the period until
the next Annual General Meeting on the basis of the conditions
presented in more detail in the complete decision.

A detailed description of the employee share option scheme and the
authorisation regarding the buy-back of treasury shares and other
decisions made at the Annual General Meeting are available on the
company's website.

Presentation by the President
The PowerPoint presentation given by President and CEO Fredrik
Cappelen in Swedish at the Annual General Meeting is available for
viewing at Nobia's website, www.nobia.com.

Nobia AB
1 April 2008


For further information, contact:
Hans Larsson, Chairman of the Board, telephone +46 8 679 92 04,
mobile +46 70 592 92 55


Nobia is the leading kitchen company in Europe with operations in
some ten countries. The Group manufactures and sells complete kitchen
solutions through many strong local and international brands,
including Magnet in the UK, HTH in the Nordic region, Hygena in
France and Poggenpohl internationally. Sales are generated through
specialised kitchen studios, retailers and direct to corporate
customers. Nobia creates profitable and sustainable growth by
enhancing efficiency and making acquisitions. Nobia has about 8,000
employees and annual net sales of approximately SEK 16 billion. The
Nobia share is listed on the OMX Nordic Exchange Stockholm AB under
the shortname NOBI, in the Large Cap segment and the Consumer
Discretionary sector. Nobia is included in the OMX Stockholm
Benchmark Index. More information is available at www.nobia.com.