New Management for Continental Europe from 1st January 2008

After 12 years in Nobia's Group management team and a number of leading positions in Nobia, Peter Peterson has chosen to leave the Nobia Group at his own request. Preben Bager (59) will assume the position of Executive Vice President for the Nobia Group on 1st January 2008.

Per Skårner (52) will assume the position of Executive Vice President Operations (EVP) for Nobia's Continental Europe region on 1st January 2008. Per Skårner joins the company from the NFI Group in Switzerland.

The current EVP Operations, Peter Petersson, will remain with the Nobia Group until 1st April 2008 to introduce Per Skårner to his new duties.

Preben Bager will retain his positions as Executive Vice President Operations, UK region; Business Unit Manager of Magnet and Acting Business Unit Manager of HTH.


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