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Acquisition of Jostra approved by the German competition authorities

Acquisition of Jostra approved by the German competition authorities Today Getinge announces that German competition authorities (Bundeskartellamt) have approved the acquisition of the Jostra group. The condition for the acquisition has thus been fulfilled. Jostra is a leading manufacturer of equipment and disposables for open- heart surgery. With the acquisition, Getinge's existing activities of Surgical Systems as a global leader in advanced surgical work-stations for all surgical disciplines, has been complemented with a leading range of therapy products for cardiac surgery. Getinge's target is to improve Jostra's EBIT margin after goodwill amortization to 12 - 15% in a three-year period. Contribution to group earnings in 2003 will be slightly negative to neutral. Contribution to group pre-tax profit including goodwill amortization and related financial charges will be in the range of EUR 5 - 6 million in 2004. Getinge, 24th June 2003 Johan Malmquist, President & CEO GETINGE is a leading provider of equipment and systems to customers within health care, extended care and pharmaceutical industries/laboratories. Equipment, services and technologies for infection control, operating theatres, patient hygiene, patient handling and wound care are supplied to customers throughout the world. GETINGE has a sales turnover of approx. 9 billion SEK with 6 000 employees. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/06/24/20030624BIT00640/wkr0001.doc http://www.waymaker.net/bitonline/2003/06/24/20030624BIT00640/wkr0002.pdf