Focus on cash flow and continued initiatives in the value chain through the launch of inductors

CEO Alrik Danielsson comments on fourth quarter earnings:

?Just as in 2010, in 2011 we achieved our long-term objectives for growth, operating margin and returns. During the autumn we were negatively affected by inventory adjustments made by our customers, which also caused us to reduce our inventories and cut our production rates. We did this to protect our strong cash flow, even if it is having a negative effect on earnings in the quarter.

The prospects for 2012 are uncertain, and Höganäs (STO:HOGAB) is being affected by fluctuations in the global economy, although as a company, we are in a strong position for our future. We are now launching inductors under the Höganäs brand Inductit?, which is another big step in Höganäs? work in the value chain. These products are really promising, not least because of increased demand for environmentally friendly energy sources.?

Fourth quarter 2011 (compared to corresponding period of previous year)

1 January ? 31 December 2011 (compared to corresponding period of previous year)

Höganäs AB (publ)

Streamed press conference

Alrik Danielson, CEO and President, and Sven Lindskog, CFO, will present the Interim Report in a conference call at 10:30 a.m. on 9 February 2012.

The press conference will be streamed at: www.hoganas.com/Investor Relations/Conference Call.

It is open to journalists, analysts and investors.

Participants are welcome to call on +46 (0)8 505 598 12, +44 (0)207 108 6303 or +1 8666 765 870.

The presentation is available at www.hoganas.com.

NB:

This information is mandatory for Höganäs to publish pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 9 a.m. on 9 February 2012.

About Höganäs

Höganäs AB is the world's leading producer of iron and metal powders. Building on its clear vision of the possibilities of powder to improve efficiency, the consumption of resources and environmental impact across a raft of segments, the company has developed in-depth application skills.

Thus Höganäs can help create the automotive components, white goods, and products for water and exhaust treatment products of the future in collaboration with its customers. Founded in 1797, the company had sales of MSEK 7,081 in 2011, and is quoted on NASDAQ OMX Stockholm's Mid Cap List.

For more information, visit our website: www.hoganas.com.

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