ASBESTOS LITIGATION: Asbestos Suits Continue to Haunt Alfa Laval
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Published September 5, 2003

Alfa Laval reports that during the second quarter 2003 the
company has been named as co-defendant in an additional 27
lawsuits with a total of about 2,700 plaintiffs and 15 lawsuits
have been resolved.   Alfa Laval has resolved a total of 52
lawsuits.  The 98% of the increase in plaintiffs is related to
multiple plaintiffs lawsuits filed in Mississippi during 2002.

After thorough investigations Alfa Laval continues to believe
that potential claims in connection with asbestos related
lawsuits against Alfa Laval Inc will be covered by insurance
policies.  Furthermore, primary insurance policies issued in
favor of Alfa Laval Inc. provide for coverage of its defense
costs.

Based on current information and Alfa Laval's understanding of
these lawsuits, Alfa Laval continues to believe that these
lawsuits will not have a material adverse effect on the
company's financial condition or results of operation.


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