Annual General Meeting in ASSA ABLOY AB (publ)

26 Mar 2003

The General Meeting established the dividend proposed by the Board of Directors and the Managing Director amounting to SEK 1.25 per share. Monday 31 March 2003 was established as record day and payment from VPC (the Securities Register Centre) is expected to start on Thursday 3 April 2003.
Amendment of the Articles of Association
The General Meeting decided to amend the Articles of Association so that the board of directors shall, in addition to such members that, in accordance with law, may be nominated by others than the General Meeting of Shareholders, consist of not less than six and not more than ten Directors.
The General Meeting decided to establish a Nomination Committee with the task of preparing the election of Directors, the establishment of fees for the Directors and matters pertaining thereto before the forthcoming Annual General Meetings. Gustaf Douglas, Georg Ehrnrooth and Melker Schörling were elected members of the Nomination Committee regarding the Annual General Meeting 2004.
Stockholm 26 March 2003
                       For further information, please contact
Bo Dankis, President and CEO, tel: + 46 8 506 485 42 or 46 70 394 85 42
or Göran Jansson, Executive Vice President and 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.