Pfleiderer Seeks Arbitrator for Remaining Shares

Nuemarkt, Germany, March 16, 2007--Pfleiderer Sweden AB has, through its public cash offer for all of Pergo’s shares from January 2007, attained a shareholding exceeding 96% of all of Pergo’s shares.

Citing the fact that it has not been possible to reach an agreement with Pergo’s remaining shareholders regarding the tender of the remaining Pergo shares, Pfleiderer, on 6 March 2007, submitted a request to Pergo’s Board of Directors that the dispute be referred to arbitration in accordance with Chapter 22, Section 6 of the Swedish Companies Act. Pfleiderer has appointed Karl-Erik Danielsson as its arbitrator.

Remaining shareholders in Pergo are given the opportunity to notify Pergo AB (publ.), Box 70362, 107 24 Stockholm in writing with respect to their arbitrator, no later than 30 March 2007. If the remaining shareholders do not designate a joint arbitrator within this time frame, Pergo’s Board of Directors will, according to Chapter 22, Section 8 of the Companies Act, apply to the Stockholm District Court for the appointment of a trustee. The trustee will then appoint a joint arbitrator on behalf of the minority shareholders and protect the rights of absent shareholders in the dispute.