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PRESSRELEASE

2008-01-18
BALLOGRAF AB, Gothenburg, Sweden. acquires 45% of the shares in Rosinco AB, Filipstad, Sweden.

Ballograf AB, this year celebrating 60 years as pen manufacturer, is the only manufacturer of ballpoint pens and mechanical pencils in the Nordic countries. 4.5 million writing instruments are produced in the factory in Gothenburg of which 50% are exported all over the world. Ballograf is known for Swedish quality and design and ballpoint pens with more than 8,000 meters of comfortable writing. The most famous brands are Epoca and Rondo.

Ballograf was bought from the French BIC group in 2004 by Jan Johansson and Tommy Kvist and became after 45 years once again Swedish owned. With 30 employees the yearly turnover is € 4.5 million.

Ballograf has today signed an agreement with the owner of Rosinco AB Ulf Karlsson on a deepend cooperation. Ballograf acquires 45% of the shares in Rosinco AB.

Rosinco, with a factory in Filipstad, Sweden is a company with a 150-year tradition in ink manufacturing. Today the operation is focused on the manufacturing of markers with the Nordic eco label, the Swan. The method for manufacturing is patented.

No changes in the staff are planned in any of the two companies in connection with the deal.

Jan Johansson and Tommy Kvist say:

-We see Rosinco as a very interesting partner for the future. Rosinco has products with a high environmental profile. Under the brand of Friendly Marker, Rosinco sells more than

3 milllion markers and highlighters i Sweden and in many other markets. We see significant opportunities of cooperation in both product development and sales and marketing in certain export markets.

Questions can be answered by:

Ulf Karlsson, Rosinco AB  tel 0590-15280                      Mobil: 0705 939917

Jan Johansson, Ballograf AB tel 031-7691441                 Mobil: 0708 669864