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Munters: Interim Report January-June 2008.

KISTA, Sweden -- Regulatory News:

Munters (STO:MTRS):

Second quarter

Order intake amounted to SEK 1,686 M (1,688) - up 4% adjusted1

Net sales advanced 2% to SEK 1,548 M (1,524) - up 5%, adjusted1

Costs for the MEP2 program (Munters Efficiency Program phase 2) totaled SEK 19 M, according to plan

Nonrecurring costs of SEK 13 M were incurred due to quality problems related to sub-suppliers

EBIT before amortization and nonrecurring costs totaled SEK 129 M (130)

Net earnings after tax totaled SEK 49 M (70)

Earnings per share amounted to SEK 0.66 (0.95)

Agreement signed on July 10 concerning the acquisition of Belgian company Toussaint Nyssenne, aimed at increasing sales of energy-efficient air-treatment systems in Europe

Interim-report period

Order intake rose to SEK 3,272 M (3,215) - up 3% adjusted1

Net sales advanced to SEK 3,092 M (2,928) - up 6%, adjusted1

Net earnings after tax totaled SEK 107 M (148)

Earnings per share amounted to SEK 1,44 (1,99)

Kista, August 13, 2008 at 8:00 am (CET)

Munters is a global leader in energy efficient air treatment solutions and restoration services based on expertise in humidity and climate control technologies. Customers are served in a wide range of segments, the most important being insurance-, utilities-, food-, pharma- and electronics- industries. Manufacturing and sales are carried out via the Group's own companies in more than 30 countries. The Group has over 4,000 employees and net sales of about SEK 6.3 billion. The Munters share is listed on OMX Nordic Exchange Stockholm, Mid Cap. For more information see www.munters.communters.com

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Publication:Business Wire
Date:Aug 13, 2008
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