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Nobia's Board of Directors has commissioned a study to investigate the potential relocation rustoleum cabinet transformation of the Myresjökök brand's kitchen assembly and distribution operations from Nobia's plant in Älmhult, Sweden, to the plant in Tidaholm, Sweden. "Assuming that negotiations are completed, such a relocation rustoleum cabinet transformation could begin in the autumn of 2010," says Ingemar Tärnskär, President of Myresjökök AB. The reason for the study is the Nobia Group's strategy of moving towards larger and fewer production units. Myresjökök's sales and marketing organisation is not covered by the study of the potential relocation. Nobia AB 8 June 2010 For further information, contact: Ingemar Tärnskär, President of Myresjökök and Senior Vice President Nobia Production Telephone +46 732 74 62 61 Ingrid Yllmark, Senior Vice President, Communications & IR Telephone +46 8 440 16 00 or +46 708 65 59 00 Nobia develops and sells kitchens through some 20 strong brands in Europe, including Hygena in France, rustoleum cabinet transformation HTH in the Nordic countries, Magnet in the UK and Poggenpohl globally. Nobia generates profitability by combining economies rustoleum cabinet transformation of scale with attractive kitchen offerings. The Group has approximately 8,000 employees and net sales of slightly more than SEK 15 billion. The Nobia share is listed on NASDAQ OMX Nordic Exchange in Stockholm under the short name NOBI. Website:www.nobia.com < http://www.nobia.com>. Read more about the company under "About Nobia." Financial information can be found under "Investors." [HUG#1422369] Press release (PDF): http://hugin.info/133488/R/1422369/371473.pdf
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