ASBESTOS LITIGATION: Electrolux Faces 20,700 Asbestos Plaintiffs ---------------------------------------------------------------- Published October 31, 2003 Electrolux AB reports that as of September 30, 2003, the Group had a total of 535 lawsuits pending, representing around 20,700 plaintiffs, according to its latest regulatory filing with the Securities and Exchange Commission. According to the filing, a total of 166 new cases were filed during the third quarter of 2003, and 12 were resolved. Around 20,000 of the plaintiffs refer to cases pending in the state of Mississippi. Litigation and claims related to asbestos are pending against the Group in the US. Almost all of the cases refer to externally supplied components used in industrial products manufactured by discontinued operations prior to the early 1970s. Almost all of the cases involve multiple plaintiffs who have made identical allegations against many other defendants who are not part of the Electrolux Group. ----------------------------------------------------------- LitigationDataSource.com