16OG Akbank 5.000% A

RNS Number:6796R
Perstorp AB
28 September 2000

* Perstorp's flooring businesses' earnings considerably weaker than expected

* Perstorp Intressenter AB's offer for Perstorp will not be completed

* The parties' intention is to review the possibilities for a new offer

Perstorp's flooring businesses' earnings considerably weaker

As a result of difficulties within Perstorp's laminate flooring businesses,
Perstorp AB is expected to show lower earnings than expected.  The uncertainty
regarding the future development in earnings in these businesses has increased. 
The chemicals business continues to develop in line with expectations.

Perstorp Intressenter AB's offer for Perstorp will not be completed

The negative development within Perstorp's laminate flooring businesses means
that the basis on which Perstorp Intressenter AB's offer to the shareholders and
holders of convertible debentures in Perstorp was made has been significantly
changed.  The offer will therefore not be completed as all the conditions for
the offer can not be fulfilled.

The parties' intention is to review the possibilities for a new offer

Perstorp, together with Industri Kapital, intends to seek constructive solutions
in respect of a potential new offer given the revised outlook.  The parties is
to present the outcome of such discussions as soon as possible.

- Perstorp's Board is committed to discussing with Industri Kapital the
possibility for an alternative offer that would, in an appropriate way, consider
the interests of Perstorp's shareholders as well as Industri Kapital, says Urban
Jansson, Chairman of the Board of Perstorp AB.

- The material change in the conditions for Perstorp is unfortunate.  We will
now, together with Perstorp, carefully consider alternatives for finding a
satisfactory solution, says Harald Mix, Deputy CEO of Industri Kapital.

As a result of the current situation, Perstorp has requested a suspension in the
trading of Perstorp shares until the beginning of next week.


Perstorp, 28 September 2000          Stockholm, 28 September 2000
Perstorp AB                          Perstorp Intressenter AB
Board of Directors                   Board of Directors

For further Information, please contact:
Urban Jansson, Chairman of the Board Perstorp AB +46 435 38 606
Ake Fredriksson, CEO Perstorp AB, + 46 435 38 545
Harald Mix, Deputy CEO Industri Kapital, +46 8 678 95 00

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