Lagercrantz strengthens its management group

Lagercrantz Group AB has recruited Ulf Gladh to its management group. Ulf Gladh, 44, comes most recently from Eurodis Nordic where he served as president and responsible for Nordic operations. Per Ikov, President & CEO of Lagercrantz Group: ”The electronics business in Lagercrantz is in the midst of a transformation process aimed at increasing its profitability and at giving it long-term growth. With his extensive experience in the electronics industry, Ulf Gladh will be a valuable contributing resource in reaching these goals.” Stockholm, 22 August 2005 Lagercrantz Group AB (publ)