SECO TOOLS ACQUIRES COMPANY WITH FOCUS ON AIRCRAFT INDUSTRY

SECO TOOLS ACQUIRES COMPANY WITH FOCUS ON AIRCRAFT INDUSTRY

Seco Tools has acquired 100 per cent of the shares in AOB, a French
manufacturer of PCD (Poly Crystalline Diamond) cutting tools. 

AOB, based in Mortagne-sur-Sevre near Nantes, France, is one of the
leading suppliers of PCD tools to the aerospace, automotive and
woodworking industries and has special expertise and experience in
machining of composite materials (CFRP). AOB has annual revenue of
approximately EUR 4 million and around 50 employees. 

“We are delighted at the opportunity to advance our position in the
strategically important aerospace industry. The acquisition will further
strengthen the high-tech capability on which our customer relationships
are based,” says Kai Wärn, President and CEO of Seco Tools. 

The acquisition is expected to be completed in July. 

Fagersta, 15 July 2010 

SECO TOOLS AB (publ) 

The information contained herein is subject to the disclosure
requirements of Seco Tools AB under the Securities Markets Act. This
information was submitted for publication on 15 July 2010, 10:00 a.m.
CET. 

For additional information contact Kai Wärn, President and CEO, (Tel:
+46 223-401 10) or
Patrik Johnson, CFO, (Tel: +46 223-401 20). E-mail can be sent to
investor.relations@secotools.com (investor.relations@secotools.com). 

Previously published financial information can be found under “About
Seco/Investor Relations” on the Seco Tools website
(www.secotools.com (http://www.secotools.se/)). Seco Tools AB's
corporate registration number is 556071-1060 and the company's address
is Seco Tools AB, SE-737 82 Fagersta, Sweden. The telephone number to
the Group head office is +46 223-400 00.