RNS Number:4266N
Perstorp AB
6 July 2000


PERSTORP AB's BOARD RECOMMENDS ACCEPTANCE OF OFFER FROM INDUSTRI KAPITAL

In view of both the new terms being offered by Industri Kapital and the decision
by the European Commission to open an in-depth investigation into the
acquisition of Perstorp AB, the Board of Directors of Perstorp AB recommends
that holders of shares and convertible debentures in the Company accept Industri
Kapital's new offer.

The factors underlying the previous recommendation remain valid, namely:

- The offer represents an attractive opportunity for Perstorp and its employees
  to participate actively in the creation of a leading chemical company based   
 in the Nordic Region, and to continue the development of Pergo's flooring
  business.

- In the opinion of the Board, the increase in value that Perstorp can create
  in the foreseeable future is smaller than that represented by the offer, due
  to the limited supply of capital in the Company's current structure.

Wilhelm Wendt, member of the Board of Directors, did not take part in the
Board's decision regarding the offer with reference to his ownership in Perstorp
Intressenter AB.


For additional information, please call:
Urban Jansson, Chairman, Perstorp AB, Tel: +46-70-590 80 91
Ake Fredriksson, Chief Executive Officer, Perstorp AB Tel: +46 435 386 06
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