16OG Akbank 5.000% A

RNS Number:2748B
Perstorp AB
29 March 2001



New Chief Financial Officer at Perstorp AB

Claes Gard has been appointed Chief Financial Officer at Perstorp AB, His
previous positions include being Chief Financial Officer at ASG AB. Claes Gard
will be a member of Perstorp's executive management group.  Claes Gard, aged 48,
is a graduate in Business Administration.  He will begin his employment at
Perstorp in the spring.

New Chief Financial Officer at Pergo

Annette Lidman has been appointed Chief Financial Officer at Pergo.
She joins Pergo from the position Vice President Investor Relations & Special
Projects at Perstorp AB.  Annette Lidman will be a member of Pergo's executive
management group.  Annette Lidman, aged 36, is a graduate in Business
Administration.  Her previous positions included being Business Controller at
Perstorp AB and AB Sandvik Steel.  Her first day of employment will be April 1,
1, 2001.

Perstorp's investor relations will be managed by the Perstorp Group's Chief
Financial Officer, Magnus Lindquist, who will shortly be succeeded by Claes
Gard.

About Perstorp

Perstorp is an innovative company with a strong base in chemistry.  The Group
has developed operations with global positions in specialized segments of
chemistry and flooring markets.  Perstorp has production in eleven countries in
Europe, North and South America and Asia.  The Group has annual sales of
slightly more than SEK 9 billion, with about 3,500 employees.  The company's
shares are listed on the Stockholm and London stock exchanges.  Perstorp intends
to spin off Pergo to shareholders and list the company on the stock exchange
during 2001.  For additional, information, visit the Perstorp website:
www.perstorp.com

Contact:   Corporate Communications
Tel:       +46 435 382 62 

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