Välinge Signs Three License Agreements

Viken, Sweden, April 11, 2008--Välinge has signed license agreements with Baroque Timber Industries Ltd, Timber Industries (Tianjin) Co. Ltd and Baishan Huafeng Wooden Product Co. Ltd.

Baroque Timber Industries Ltd is a member of the Samling Global Group and holds the brandnames Elegant Living and Baroque. Baroque Timber Industries has factories in both the southern and northern part of China and will use its license for both its laminate and wooden products.

Timber Industries Co. Ltd is located in the Tianjin Export Processing Zone and is a wholly owned subsidiary of the Green River Wood Group. Timber Industries will use the Välinge technology for its engineered flooring products.

Baishan Huafeng Wooden Product Co. Ltd is located in Baishan City in the Jilin Province. The company will use the by Välinge patented mechanical locking system on its wooden flooring products.