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RNS Number:0803H
Perstorp AB
10 March 2000


Perstorp Flooring Invests SEK 50 million in e-commerce solution for laminate
flooring

Perstorp Flooring is to invest SEK 50 million in the development of an
e-commerce solution for Pergo(R) laminate flooring in Europe and the United
States.

The first phase of the project involves the development of new consumer-oriented
Web pages on both sides of the Atlantic, and of an electronic-commerce solution
aimed at key European customers and channels through which Pergo(R)is marketed. 
It is estimated that the results of an initial subproject will be launched
before the summer.

"Pergo(R) marked the creation of the laminate flooring category and electronic
commerce will further enhance our leading global positions in the market," says
Karl Stenstrom, Chairman of the Board of Pergo Inc., Perstorp's American
laminate flooring company.

Perstorp Flooring is an expansive flooring company with world-leading positions
in the laminate flooring market.  Its best-known brand, Pergo(R), is sold in
most European markets, in North America and, to a more limited extent, in South
America and Asia.  Perstorp Flooring had sales of slightly more than SEK 3.6
billion in 1999, with approximately 900 employees and production operations in
Sweden and the US.

Perstorp Flooring is part of the Perstorp Group, which has established leading
positions in specialised segments of primarily the chemical and flooring
markets.  During 1999, Perstorp had sales of slightly more than SEK 10 billion,
with 6,000 employees and manufacturing operations in 15 countries.

For further information, please contact:
Christian von Uthmann, Project Manager Europe, Perstorp Flooring AB
Phone: +46 410 36 32 88

END

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