Hexagon strengthens its European management

29 January 2004

Mr Per Holmberg is assuming a newly established position as President of
Hexagon Metrology Europe including its subsidiaries DEA and Mirai in
Italy, Leitz in Germany and C E Johansson in Sweden

Mr Holmberg is 44 years old and has spent most of his working life with
the Electrolux Group. He has worked in various senior positions in the
USA, Germany, Italy and the Far East.

 Hexagon Metrology is the world leader within the metrology industry  and
 the  future  growth  potential is strong. The new European  organisation
 creates  opportunities  for increased customer  focus  during  a  though
 period  in the European market. It will generate an even stronger growth
 potential for the Business Area.

For further information, please contact:

Ola Rollén, President and CEO
Hexagon AB
Phone: +46 8 - 601 26 20

 Hexagon  AB  is  a  multinational engineering group with  the  long-term
 ambition  of positioning itself as number one or number two  within  its
 strategic  sectors. The operation is divided into four  business  areas:
 Hexagon  Automation, Hexagon Engineering, Hexagon Metrology and  Hexagon
 Polymers.  The group's targets are to increase earnings per share  after
 tax  by  at  least  15 per cent p.a., and achieve a  return  on  capital
 employed  higher  than  15  per cent over the  business  cycle.  Current
 turnover amounts to more than 7 GSEK p.a.
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Hexagon AB
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