Electrolux Comments on Speculations of Settlement in GE Appliance Case

Electrolux (OTC:

) comments on speculations on settlement in the GE Appliances case. On July 1, 2015, the U.S. Department of Justice ("DOJ") filed a Complaint in Federal Court seeking to stop Electrolux proposed acquisition of the appliances business of General Electric (NYSE:

). Electrolux vigorously contests this effort by the DOJ to oppose the transaction and remains confident in its assessment of the competitive merits of this transaction and its favorable impact on consumers. The review of the proposed acquisition has continued in a court procedure and the trial begun on November 9, 2015. Electrolux expects the trial to conclude in December and anticipates