The Board of Höganäs evaluates the offer by H Intressenter

Lindéngruppen AB (“Lindéngruppen”) and Foundation Asset Management Sweden AB
(“FAM”), has today, through the jointly held company H Intressenter AB,
announced a public offer to the shareholders in Höganäs AB (“Höganäs”) to
transfer all of their shares in Höganäs to

H Intressenter AB (the “Offer”).

The Board will announce its opinion of the Offer and the reasons for its
opinion, as well as an opinion as to the fairness of the Offer consideration (a
“fairness opinion”) from an independent expert, by no later than two weeks prior
to the expiry of the acceptance period.

Neither Jenny Lindén Urnes, Erik Urnes nor Urban Jansson, being the owner and/or
directors of Lindéngruppen, will participate in the Board’s handling of or
resolutions concerning the Offer.

For more information, please contact:

Anders G Carlberg, Chairman of Höganäs
Tel: +46 70 543 75 76

Höganäs, 11 February 201

Höganäs announces this information in accordance with the Swedish Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 10.00 am on 11 February 2013.
Höganäs AB (publ) is the world’s leading producer of iron and metal powders.
Building on its clear vision of the possibilities of powder to improve
efficiency, the consumption of resources and environmental impact across a raft
of segments, the company has developed in-depth application skills. Thus Höganäs
can help create the automotive components, white goods, water and exhaust
treatment products of the future in collaboration with its customers. Founded in
1797, the company had sales of MSEK 6,700 in 2012, and is quoted on NASDAQ OMX
Stockholm’s Mid Cap List.
For more information, please visit our website: www.hoganas.com.