Effective September 11, 2006 a group of seven (7) Swedish industrialists
has acquired all the shares of Gadelius K.K. via the newly established
Gadelius Holding Ltd. in Japan.

Mr. Lars Gardo, Chairman of Gadelius K.K. since 1998, and Mr. Bo Dankis,
CEO of ABB-Gadelius until 1997, are leading this initiative and will
help Gadelius to develop its current business further and secure
additional products and principals to achieve its growth targets.

The Seller, RATOS AB, is a Swedish private equity company listed on the
Stockholm Stock Exchange that has owned Gadelius since 2001. During the
past five years Gadelius has pursued M&A activities and improved its
competitiveness by streamlining its business processes, demonstrating
growth and profitability.

Gadelius K.K.’s daily operations and operative management will remain
unchanged.

We trust you will extend your kind support to Gadelius, its new owners
and its management in the future as in the past and we look forward to a
continued good cooperation within SCCJ.

Yours sincerely,

GADELIUS K.K.
Hans Porat
President & Representative Director