ANNUAL GENERAL MEETING OF BEIJER ALMA AB (PUBL)

ANNUAL GENERAL MEETING OF BEIJER ALMA AB (PUBL)

EXTRACT FROM PRESIDENT BERTIL PERSSON'S STATEMENT AT THE ANNUAL GENERAL
MEETING
Demand was favorable in all of our companies. Sales increased in
essentially all business areas. We also drew benefit from Beijer Tech's
consolidation as of the beginning of the year. In addition, Lesjöfors
completed an acquisition that contributes about MSEK 100 in annual
invoicing.

On the down side, we are dealing with a strong SEK and higher commodity
prices, which are currently causing severe headwinds. This mainly
affects Lesjöfors and Habia, the latter of which is the most adversely
affected due to substantial price increases in copper and plastic
materials. At the same time, events in Japan are generating material
shortages that risk worsening the situation further.

Despite this, the first quarter should generate higher earnings than the
preceding year.

RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING 

The following resolutions were passed by the Annual General Meeting:

  · To approve a dividend for 2011 of SEK 6.00 per share and an extra
dividend of SEK 1.00 per share. The dividend will be distributed by
Euroclear Sweden beginning April 7, 2011.
 
  ·  To adopt a fixed annual directors' fee of SEK 250,000 for each
director, not including the Chairman, who will receive a fixed annual
directors' fee of SEK 600,000 and an annual assignment fee of SEK
300,000. Auditors' fees will be paid according to invoicing.
 
  · The following members of the Board of Directors were re-elected:
Anders Wall (Chairman), Marianne Brismar, Anders G. Carlberg, Peter
Nilsson, Anders Ullberg and Johan Wall (Deputy Chairman). Carina
Andersson, mining engineer at the Royal Institute of Technology in
Stockholm, was elected as a new Board member. She is former head of
Sandvik's Power Technology business area and, prior to that, was
President of Ramnäs Bruk AB. The Annual General Meeting also resolved to
re-elect Bertil Persson, President and CEO, as a Deputy Director. Göran
W Huldtgren declined re-election.
 
  · Prior to the 2012 Annual General Meeting, the company will apply a
nomination procedure whereby Anders Wall, in his capacity as principal
owner and Chairman of the Board, and Director Johan Wall, as well as
three representatives of the next largest shareholders appointed by the
Annual General Meeting, will form a Nomination Committee and submit
proposals concerning the Board of Directors, the Chairman of the Board,
the Deputy Chairman, directors' fees, auditors' fees and the Chairman of
the next Annual General Meeting. Accordingly, in addition to the
individuals named above, the Annual General Meeting resolved to appoint
Caroline af Ugglas (Livförsäkringsaktiebolaget Skandia), Ulf Hedlundh
(Svolder AB) and Mats Gustafsson (Swedbank Robur Funds) to the
Nomination Committee.
 
  · To authorize the Board of Directors, in deviation of the
shareholders' preferential rights, to make decisions concerning the
issue of not more than 3,000,000 new Class B shares or convertible
promissory notes exchangeable for not more than 3,000,000 new Class B
shares for the purpose of corporate acquisitions.
 
  ·  To amend the Articles of Association to correspond to the new
legislative ordinances concerning notice of the annual general meeting.
 
  ·  To authorize the Board of Directors to resolve on the acquisition
and divestment of the company's own Class B shares.

 

The interim report for the first quarter will be published on May 5.

In conjunction with the Annual General Meeting, Beijer Alma resolved to
make a donation of SEK 100,000 to Uppsala Stadsmission.

BEIJER ALMA AB (publ)
Board of Directors

For more information, please contact:
President and CEO Bertil Persson, Beijer Alma AB, Telephone: +46
8-506 427 50

Beijer Alma AB (publ) is an international industrial group focused on
component production and technology trading. The Group includes
Lesjöfors, a full-range supplier of industrial springs, wire and flat
strip components, Habia Cable, one of Europe's largest manufacturers of
custom-designed cables, and Beijer Tech, which specializes in technology
trading. Beijer Alma is listed on the NASDAQ OMX Stockholm Mid Cap list.