Electrolux comments on speculations on settlement

Electrolux comments on speculations on settlement in the GE Appliances case.
On July 1, 2015, the U.S. Department of Justice (“DOJ”) filed a Complaint in
Federal Court seeking to stop Electrolux proposed acquisition of the appliances
business of General Electric. Electrolux vigorously contests this effort by the
DOJ to oppose the transaction and remains confident in its assessment of the
competitive merits of this transaction and its favorable impact on consumers.
The review of the proposed acquisition has continued in a court procedure and
the trial begun on November 9, 2015. Electrolux expects the trial to conclude in
December and anticipates that the Court will reach its decision by late this
year or in January 2016, and if resolved favorably, it expects to close the
transaction soon after such resolution, following regulatory approvals.

Occasionally, disputes like this one are resolved by settlement. While
Electrolux may be willing to consider a reasonable settlement with DOJ,
Electrolux is currently not in settlement discussions with DOJ. Given the nature
of this matter, it cannot be ruled out that settlement discussions may arise or
that references to such discussions may be made by counsels of DOJ or Electrolux
within the court procedure. As the outcome of any such potential discussions is
inherently uncertain, Electrolux does not plan to make any further comments on
whether discussions have been or will be initiated, or the status thereof, until
it is relevant to provide further updates.
For further information, please contact:

Catarina Ihre, Vice President Investor Relations at 46 (0)8 738 60 87

Electrolux Press Hotline, 46 8 657 65 07.

Electrolux discloses the information provided herein pursuant to the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 08.00 CET on November 23, 2015
Electrolux is a global leader in home appliances, based on deep consumer insight
and developed in close collaboration with professional users. We offer
thoughtfully designed, innovative solutions for households and businesses, with
products such as refrigerators, dishwashers, washing machines, cookers, vacuum
cleaners, air conditioners and small domestic appliances. Under esteemed brands
including Electrolux, AEG, Zanussi, Frigidaire and Electrolux Grand Cuisine, the
Group sells more than 50 million products to customers in more than 150 markets
every year. In 2014, Electrolux had sales of SEK 112 billion and 60,000
employees. For more information go to www.electroluxgroup.com.