• New long-term orders secured
• Positive outlook for 2008 strengthened 

Luxembourg, 10 January 2008 – SAF-HOLLAND S.A., one of the world’s leading producers and suppliers of high-quality systems and components for the truck and trailer industries, has secured significant additional orders in recent weeks, further strengthening its positive outlook for 2008. The new contracts were signed in December and January for the Trailer Systems business unit, and will for the most part run until 2010. They will add total annual sales of around €60 million.

„The signing of these additional contracts reinforces our goal for sales growth of more than 15% in 2008 and confirms the outstanding development of our business. Furthermore, the long-term nature of these orders reflects the excellent working relationship we have with our customers - and shows the high regard in which the market holds our high-performance products,“ said Rudi Ludwig, CEO of SAF-HOLLAND S.A.

The steady growth of SAF-HOLLAND is underpinned by the continual increase in global trading volumes and especially strong market growth in Europe. In response to the strong order book, further strengthened by these new orders, SAF-HOLLAND is increasing capacity. SAF-HOLLAND will significantly increase axle production capacity at its sites in Germany as well as Slovakia in the first half of 2008.

In addition to strong sales growth, the company also expects growth in profitability in 2008. For 2009, the company is still aiming for total sales of €1 billion and an adjusted EBIT margin of 10% in 2010.