The Board of Directors of ASSA ABLOY AB (publ) adopts resolution on new issue of shares

30 May 2002

The new share issue has been effected in cooperation with Crédit Agricole Indosuez Cheuvreux Nordic AB, who has been the sole manager and book-runner. The new share issue has taken place by private placement to a number of Swedish and foreign institutional investors. The company has through the issue been provided with capital of an amount of SEK 1.26 billion, which, as previously stated, shall be used to finance the company's acquisition of Besam AB. ASSA ABLOY's financial strength will be reinforced thereafter. Further usage of authorisation of the new share issue will only take place in accordance with possible future acquisitions.
Stockholm, 30 May 2002
For further information, please contact
Carl-Henric Svanberg, President & CEO, tel: +46-8-506 485 52 or +46-70-510 05 51
or Göran Jansson, CFO, tel. +46-8-506 485 72 or +46-70-698 85 72
P.O. Box 70340, S-107 23 Stockholm
Tel: +46 8 506 485 00, Fax: +46 8 506 485 85
Visiting address: Klarabergsviadukten 90
The ASSA ABLOY Group is the world's leading manufacturer and supplier of locking solutions,
dedicated to satisfying end-user needs for security, safety and convenience. The Group has about
30,000 employees and annual sales of about EUR3 billion.