Gambro signs a SEK 60 million Algerian contract

12/22/1998 8:37 AM EST

Gambro has signed a SEK 60 million contract with IMC - Industries Medico
Chirurgicales in Algeria. The contract covers deliveries of at least 300
dialysis monitors with spare parts and water treatment equipment, during a
period of three years. This is a major break-through for Gambro in the
Algerian market. IMC has an exclusive contract with the government of Algeria
to supply hospitals and clinics with dialysis equipment.

A five year export credit has been structured by Gambro Credit and will be
financed by MeritaNordbanken backed by a guarantee from EKN - "Exportkredit-
nämnden", the Swedish export credit agency. The financing was an integral and
important part of the package offered to IMC.

For further information:
Bengt Modéer, Senior Vice President, Corporate Communications, +46-8-613 65
00, +46-70-513 65 33
Börje Jerner, Vice President, Gambro Credit, +46-8-613 65 59

Gambro is an international medical-technology group with revenues of
approximately SEK 18 billion and about 17,000 employees in some 40 countries.