ASSA ABLOY obtains USD 330 million financing from U.S. Institutional investors

23 May 2005

"The investor's response clearly exceeded our expectations. This shows how our high cash generation and the stability in our industry is perceived. We now have a well structured financing that balances our business needs for a long period at favorable conditions," says Göran Jansson, Deputy CEO and CFO.
 
 
Further information can be obtained from
Bo Dankis, President and CEO, tel: +46 8 506 485 42
Göran Jansson, Deputy CEO and CFO, tel: +46 8 506 485 72
Martin Hamner, Director of Investor Relations and Group Controller, tel: + 46 8 506 485 79

ASSA ABLOY AB (publ) <br> P.O. Box 70340, SE-107 23 Stockholm <br> Phone: +46-8-506 485 00 <br> Fax: +46-8-506 485 85 <br> www.assaabloy.com <br> <br> ASSA ABLOY is the world's leading manufacturer and supplier of locking solutions, meeting tough end-user demands for safety, security and user friendliness. The Group has some 30,000 employees and annual sales of about EUR 3 billion.