Haldex to deliver AWD system to new concept car Haldex has been awarded the task to deliver the AWD system (All Wheel Drive) for a new concept car which is currently under development by a European car manufacturer. The car will be exhibited towards the end of the current year. The assignment confirms Haldex leadership on the market for electronically controlled systems for four-wheel drive. In addition to the ongoing serial deliveries to the VW/Audi Group and the recently announced one-billion SEK order for serial deliveries starting 2001/02 from another European car manufacturer, Haldex now works with 7 other car manufacturers in Europe, USA and Japan in different AWD projects. Haldex is a global supplier of proprietary products for trucks, cars and industrial vehicles, with special emphasis on performance & safety. The Group is listed on the Stockholm Stock Exchange and has yearly sales of 6 BSEK with 4,150 employees. The Group has sales companies in Europe, North & South America and Asia. Production takes place at 8 factories in Europe, 8 in the U.S. and 1 in India and Brazil. For further information contact Claes Warnander, phone +46 8 678 72 70. April 5, 2000 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/04/05/20000405BIT00340/bit0001.doc http://www.bit.se/bitonline/2000/04/05/20000405BIT00340/bit0002.pdf