Press release
ASSA ABLOY: CEO Johan Molin participates in incentive program and sells shares
ASSA ABLOY's CEO and president Johan Molin has on June 2, 2006 sold 21,900 Class B shares of ASSA ABLOY stock to finance his participation in the convertible-based incentive program ("Incentive 2006") offered to senior executives at ASSA ABLOY. After the transaction Molin owns a total of 500,000 Class B share of ASSA ABLOY stock. In addition, Molin has been allocated shares of Incentive 2006 equivalent to another approximately 210,000 Class B shares of ASSA ABLOY.
Martin Hamner, Director of Investor Relations and Group Controller, Tel: + 46 8 506 485 79
Ann Holmberg, Manager Corporate Communications, Tel +46 8 506 485 54
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><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.