Chairman of Electrolux Board Steps Down Dec 9, 2003

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Rune Andersson, chairman of the Board of appliance maker Electrolux, has announced that he will resign as chairman and leave the Board in connection with the company's Annual General Meeting in April 2004.

Mr. Andersson was elected to the Electrolux Board at the AGM in 1998 and was appointed chairman.

"My work as chairman of Electrolux has been very stimulating, and by April 2004 I will have held this position for six years" said Mr. Andersson. During these years my own group of companies has grown substantially and requires more of my time."

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