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Offer document to the shareholders of Cardo announced

February 8, 2011 - Stockholm, Sweden

This press release is not and must not, directly or indirectly, bedistributed or made public in Australia, Canada, Japan, New Zealand or South Africa.The offer is not being made to persons in those jurisdictions or elsewherewheretheir participation requires further offer documents, filings or othermeasures in addition to those required by Swedish laws.

February 8,2011 No05/11

The offer document regarding ASSA ABLOY AB's ("ASSA ABLOY") cash offer totheshareholders of CARDO AB (publ) ("Cardo") to tender all shares in Cardo toASSAABLOY (the "Offer"), has today been announced on ASSA ABLOY' and on SEB's website

The offer document and the acceptance form will be distributed toshareholdersin Cardo whose shares are directly registered with Euroclear Sweden AB asofFebruary 8, 2011.

The offer document will be provided at ASSA ABLOY AB, Klarabergsviadukten90, 107 23 Stockholm, Sweden and at SEB Enskilda,Kungsträdgårdsgatan 8, SE-106 40 Stockholm, Sweden.

Timetable for the Offer

Publication of the offer document: February 8, 2011

Acceptance period: February 10 - March 11, 2011

Approval from

relevant competition authorities: March 9, 2011

Announcement of acceptance level: March 15, 2011

Settlement: March 18, 2011

ASSA ABLOY reserves the right to amend the timetable and to extend theacceptance period for the Offer, as well as postpone the date ofsettlement.Settlement will not commence until ASSA ABLOY has received all necessaryregulatory clearances and approvals required to consummate the Offer.

This information is made public in accordance with the Securities MarketsActand NASDAQ OMX Stockholm's takeover rules. The information in this pressreleasewas submitted for publication on February 8, 2011, at 13.30 (CET).

IMPORTANT INFORMATIONThis is a translation of the original Swedish language press release. Intheevent of a dispute, the original Swedish wording shall prevail.

Offer RestrictionsThe Offer is not being made to persons whose participation in the Offerrequiresthat an additional offer document is prepared or registration effected orthatany other measures are taken in addition to those required under Swedishlaw.

This press release and any related offer documentation are not beingdistributedand must not be mailed or otherwise distributed or sent in or into anycountryin which the distribution or offering would require any such additionalmeasuresto be taken or would be in conflict with any law or regulation in suchcountry -any such action will not be permitted or sanctioned by ASSA ABLOY. Anypurportedacceptance of the Offer resulting directly or indirectly from a violationofthese restrictions may be disregarded.

The Offer is not being made, directly or indirectly, by use of mail or anyothermeans or instrumentality (including, without limitation, facsimiletransmission,electronic mail, telex, telephone and the internet) in or into Australia,Canada, Japan, New Zealand or South Africa, and the Offer cannot beaccepted byany such use, means, instrumentality or facility of, or from withinAustralia,Canada, Japan, New Zealand or South Africa. Accordingly, this press releaseandany related offer documentation are not being and should not be mailed orotherwise distributed, forwarded or sent in or into Australia, Canada,Japan,New Zealand or South Africa.

ASSA ABLOY will not deliver any consideration from the Offer intoAustralia,Canada, Japan, New Zealand or South Africa.

This press release is not being, and must not be, sent to shareholders withregistered addresses in Australia, Canada, Japan, New Zealand or SouthAfrica.Banks, brokers, dealers and other nominees holding shares for persons inAustralia, Canada, Japan, New Zealand or South Africa must not forward thispress release or any other document received in connection with the Offertosuch persons.

Press release PDF:

This announcement is distributed by Thomson Reuters on behalf ofThomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: ASSA ABLOY via Thomson Reuters ONE


For more information please contact:
Johan Molin
President and CEO
Tel: +46 8-506 485 42

Tomas Eliasson
Tel: +46 8-506 485 72


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