NIBE and the owners of DMS have reached a final agreement not to proceed with the acquisition

On 26 April 2006 NIBE’s Danish subsidiary METRO THERM A/S reached a conditional agreement concerning the acquisition of the German company DMS Wasser-Wärmetechnik GmbH.

Metro Therm A/S, with the consent of NIBE Industrier AB, and DMS have today by mutual consent agreed not to execute the DMS Share Purchase Agreement of 26 April 2006.

For further information, please phone +46 (0)433 - 73 000 or +46 (0)70 - 530 20 71.