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Electrolux Appoints Jonas Samuelson New Chief Financial Officer

Regulatory News:

Jonas Samuelson has been appointed new Chief Financial Officer for the Electrolux Group. He will be part of Group Management and report to President and CEO Hans Straberg.

Jonas Samuelson, 40, is currently Chief Financial Officer and Executive Vice President for Munters AB, a global leader in energy efficient air treatment solutions and restoration services.

Before joining Munters, Samuelson was Executive Director Finance for General Motors North American Sales & Marketing operations, an organization with USD 120bn in net sales. He was also Director Business Planning and Analysis at General Motors Corporation Controller Staff, where he was globally responsible for financial analysis and planning.

Samuelson will assume his new position before the end of 2008. He is Swedish and will be based in Stockholm, Sweden. His predecessor, Fredrik Rystedt, was appointed Chief Financial Officer for Nordea, a Nordic financial services group.

Picture of Jonas Samuelson is available for download at: http://www.electrolux.com/image_video_bank.aspx?folderid=20449

For more information about the Electrolux Group Management please visit: http://www.electrolux.com/group_management.aspx

Electrolux is a global leader in home appliances and appliances for professional use, selling more than 40 million products to customers in 150 countries every year. The company focuses on innovations that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, vacuum cleaners and cookers sold under esteemed brands such as Electrolux, AEG-Electrolux, Zanussi, Eureka and Frigidaire. In 2007, Electrolux had sales of SEK 105 billion and 57,000 employees. For more information, visit http://www.electrolux.com/press

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Contacts:

Electrolux
Media Hotline on +46 8 657 65 07

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