Lindab's Building Systems Division sees a 50 percent drop in sales volumes for the first six months of 2009 and announces closure of Hungarian plant



The first six months of 2009 has seen a significant deterioration in
the trading conditions for Lindab's Building Systems Division, with
volumes down by approximately 50 percent compared to the same period
in 2008. Market conditions are expected to remain tough for the
foreseeable future and in order to align capacity and reduce costs,
Lindab is closing down its Building Systems production unit in
Nyiregyhaza, Hungary.

The production plant will be closed by the end of July 2009. The
annual saving is estimated at SEK 35 m and the full effect will be
substantially achieved during the third quarter of 2009. The related
one-time cost is estimated at approximately SEK 27 m. The measure
includes a staffing cutback of approximately 110 employees and is a
part of Lindab's ongoing review of costs.

Lindab considers that the Czech Republic Building Systems plant has
adequate capacity to effectively serve the CEE markets, now and in
the long term, and this will be complemented with the new Russia
plant for the CIS region.

David Brodetsky, President and CEO, comments:

"Building Systems is heavily exposed towards the new build segment
and the CEE markets. The volumes and performance of the division have
been severely affected by the prevailing market situation. Although
visibility is low, we predict that the current market situation will
continue to deteriorate during the remainder of 2009. As a
consequence  it has been necessary to better align capacity with
demand, resulting in the decision to close the Hungarian Building
Systems plant. Overall, the measure to have one major Building
Systems production unit within Western Europe, CEE and CIS
respectively will reduce our cost base and optimise our production
structure for the long term."


End

The information here is that which Lindab International AB has
willingly chosen to make public or that which it is obliged to make
public according to the Swedish Securities Market Act and/or the
Financial Instruments Trading Act.

Contacts:

LINDAB
David Brodetsky, CEO
Email: david.brodetsky@lindab.com
Mobile: +46 (0)732 745 418

Nils-Johan Andersson, CFO
Email: nils-johan.andersson@lindab.com
Tel. +46 (0)431 850 75
Mobile: +46 (0)70 668 5075


About Lindab:

Lindab is an international group that develops, manufactures and
markets sheet metal products and system solutions for the
construction sector.

The two business areas, Profile  and Ventilation offer complete
solutions for construction systems and indoor climate, as well as
individual construction and ventilation components for all types of
buildings.

Lindab is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Large
Cap under the ticker "LIAB".

The Lindab group has approximately 5,000 employees in 31 countries
and generated sales of SEK 9,840 million in 2008.  Its head office is
located in Grevie near Båstad in southwestern Sweden. For more
information visit www.lindabgroup.com