Haldex Selected to Supply Air Brake Systems for 32,000 United States Government Vehicles

6/15/1999 6:40 AM EST

Haldex Selected to Supply Air Brake Systems for 32,000
United States Government Vehicles

Haldex has been selected to supply critical brake system components for model
M939 trucks operated by the US Government and stationed around the world.
The value of this business will total over USD 20 m. over a 6 year period.

A total of 32,000 vehicles will be retrofitted with modern braking systems in
order to upgrade the performance and safety of the vehicles.

The Brake Systems Division of the Haldex Group was selected to supply antilock
braking systems (ABS), air dryers, various pneumatic valves and brake lining
friction materials for this project.

The comprehensive line of air system components offered by Haldex and the
company's long experience with braking systems for heavy duty commercial
vehicles were primary factors in its selection as a supplier for this project.

The Haldex Brake Systems Division is a leading supplier of air brake system
components to the global commercial vehicle industry. These air system
components include air compressors, air valves, antilock braking systems,
brake actuators, lining wear sensors, automatic brake adjusters, air actuated
disc brakes and lining friction materials.

Haldex is a global supplier of proprietary products for trucks, cars and
industrial vehicles, with special emphasis on performance & safety. The Group
is listed on the Stockholm Stock Exchange and has yearly sales of USD 700 m.
with 4,300 employees. The Group has sales companies in
Europe, North & South America and Asia. Production takes place at 9 factories
in Europé and 9 in the U.S. as well as in a joint-venture in India.

For further information contact Chuck Kleinhagen, phone +1 816 891 2470,
Claes Warnander or Lennart Hammargren, phone +46 9 678 72 70.

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June 15, 1999