Bromma Conquip's Board of Directors to Change

September 16, 2002

Christer Granskog, President and CEO of Bromma Conquip's sister company Kalmar Industries, has been named as the new Chairman of the Board of Bromma Conquip. The new appointment follows the resignation of some of Bromma Conquip's key board members including the former Chairman of the Board, Carl-Gustaf Bergström. The new appointment also follows a period of restructuring within the parent company, Partek Corporation. Terry Howell's position as President and CEO of the Bromma Group is unaffected by the changes. Bromma Conquip and Kalmar Industries will continue to function as separate operating companies each with its own distinct brand, marketing and customer relationship organizations. Bromma Conquip will take the lead in the production of spreaders for both brands, Bromma Conquip and Kalmar Industries.

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