Sale of Bonar Floors

On July 28, 2008 Forbo announced the acquisition of Bonar Floors – a major European flooring manufacturer in the contract flooring sector – the Flooring division of the Low & Bonar PLC. After the fulfillment of all conditions, the transaction was completed on September 30, 2008. With the acquisition of Bonar Floors,

Forbo Flooring Systems will further strengthen its leading position as a systems provider of resilient flooring solutions for the commercial market.

Forbo is a leading producer of flooring systems,adhesives as well as power transmission and conveyor belt solutions. Including this acquisition, the company nowemploys some 6,800 people and has an international network of 38 production companies with distribution, and about 50 sales organizations in a total of 35 countries, generating annual net sales of about CHF 2.2 billion. Forbo is headquartered in Baar in the canton of Zug, Switzerland.