Trelleborg and Freudenberg intends to form a global leader within antivibration solutions

Trelleborg and Freudenberg intends to form a global leader within
antivibration solutions

Trelleborg signs letter of intent with Freudenberg regarding a joint
venture relating to the antivibration business for light and heavy
vehicles

Trelleborg and Freudenberg have signed a letter of intent to form a
50/50 joint venture within
antivibration solutions for light and heavy vehicles. The joint venture
will consist of Trelleborg Automotive's operations in antivibration
solutions and Freudenberg's corresponding activities   Vibracoustic.
 Total annual sales are estimated to approximately SEK 12 billion, with
8,100 employees in 17 countries.

“With this joint venture, we form a global leader and a strong partner
for our customers and create a platform for accelerated development and
future growth", Peter Nilsson, President and CEO of the Trelleborg Group
says. “The companies' customer portfolios complement each other very
well and Trelleborg's broad geographical presence is complemented by
Freudenberg's broader product portfolio. This means that we will be able
to offer automakers worldwide the best geographical coverage and the
broadest product portfolio within antivibration solutions”.

 “This creates opportunities for an efficient structure in a fragmented
market, and I look forward to working out the details of what we see is
a highly value creating solution for Trelleborg, our customers and
shareholders”, Peter Nilsson says. “This also provides opportunities for
the best future development of Trelleborg Automotive's antivibration
activity, and at the same time allows us to focus on continuing the
development of the other parts of the Trelleborg Group”.

The part of Trelleborg Automotive that will be included in the joint
venture, relates to the antivibration business for light and heavy
vehicles. It accounts for about 75 percent of sales in Trelleborg
Automotive and has annual sales of approximately SEK 6,300 M and
approximately 5,200 employees. Trelleborg Automotive's operations
outside the area of antivibration are not affected.

Currently, Trelleborg has no further information to provide, in addition
to the above information. In order to make the process as efficient and
quick as possible, and as the process now is entering a stage where the
risk of rumors increases, Trelleborg has decided to publish the intent
of the parties at this early stage. Due diligence and contract process
is ongoing. The transaction is conditional upon the fulfillment of
certain conditions and approval by relevant competition authorities. The
formation of the joint venture is expected to happen during 2011.

Invitation to telephone conference today, January 17, at 14:30 CET

Analysts, investors and media are invited to attend a telephone
conference which will be held today, January 17, at 14:30 CET, regarding
the letter of intent between Trelleborg and Freudenberg.

Trelleborg will be represented by President and CEO Peter Nilsson and
CFO Bo Jacobsson.

The telephone conference will also be streamed in real-time on the
Internet. Visit our website: www.trelleborg.com/investors/presentations
for the link to the presentation material.

Please call the conference 5 to 10 minutes prior to the specified time
to ensure a punctual start to the meeting.

Call:               +44 (0) 20 7138 0824 (overseas) or +46 (0)8 5051
3786 (Sweden)

Code:             5685554 or “Trelleborg”

For further information, please contact:

Media: Vice President Media Relations Mikael Sjöblom, +46 (0)410  67015,
+46 (0)733 74 70 15, mikael.sjoblom@trelleborg.com

Investors/analysts: Vice President IR Conny Torstensson, +46 (0)410
67070, +46 (0)734 087070, conny.torstensson@trelleborg.com