Bulletin from the annual general meeting of Husqvarna AB (publ)

Bulletin from the annual general meeting of Husqvarna AB (publ)

The Annual General Meeting of Husqvarna AB was held at 4 pm on 19 April 2007 in
Jönköping

Board of Directors and remuneration to the Directors and the Auditors
Lars Westerberg, Bengt Andersson, Peggy Bruzelius, Börje Ekholm, Tom Johnstone,
Anders Moberg, Gun Nilsson, Peder Ramel and Robert F. Connolly were re-elected
to the Board. The number of Board members elected by the AGM will thus remain
nine. Lars Westerberg was elected Chairman of the Board.

The AGM approved of the proposed Board remuneration in accordance with the
following: SEK 1,500,000 to the Chairman of the Board, SEK 437,500 to each of
the Directors elected by the General Meeting and not employed by the company.
The Chairman of the Audit Committee shall receive SEK 175,000 and the two
members shall receive SEK 75,000 each. The Chairman of the Remuneration
Committee shall receive SEK 100,000 and the two members SEK 50,000 each. The
approved remunerations are the same as the previous year. The Auditor's fee
shall be paid on the basis of approved invoice.

Accounts
The parent company's and the Group's income statements and balance sheets were
adopted. The Board of Directors and the President were discharged from liability
for the fiscal year 2006.

Dividend
The proposed dividend of SEK 2.25 per share was adopted. The record date for the
dividend was set to Tuesday, April 24, 2007 and the estimated date for the
payment of the dividend is Friday, April 27, 2007.

Nomination Committee
The AGM decided that the company shall have a Nomination Committee consisting of
five members. The members should be one representative of each of the four
largest shareholders in the company with regard to the number of votes held,
together with the Chairman of the Board of Directors.

Principles for remuneration and resolution on long term incentive program
The AGM decided to approve the Board of Directors' proposal for remuneration
principles for Husqvarna's Group Management.
Furthermore, the AGM resolved in accordance with the Board's proposal to adopt a
performance based long-term incentive program for 2007.
Amendment of the articles of association
The AGM resolved in accordance with the Board's proposal to amend the articles
of association by removal of the last paragraph of § 5, meaning that a bonus
issue of only one class of shares may be executed.

Reduction of the share capital
The AGM resolved in accordance with the Board's proposal to reduce the share
capital by SEK 6, by way of redemption of three shares of class B from Investor
AB without payment.

Bonus Issue
The AGM resolved in accordance with the Board's proposal on a bonus issue of
88,877,745 A-shares. The bonus issue will increase the share capital by SEK
177,755,490, which will be obtained through re-allocation of funds from
unrestricted equity according to the most recently adopted balance sheet. Each
existing A- or B-share shall entitle to one (1) bonus share right for A-shares.
Ten (10) bonus share rights shall entitle to three (3) new A-shares.
Shareholder's bonus share rights that are not multiples of ten shall be sold
through the company and the funds received shall be allocated net of sales costs
to the shareholders whose bonus share rights have been sold. The new shares
shall entitle to dividend from and including the financial year 2007. The record
date for the bonus issue was set to 16 May 2007.

Acquisitions and transfers of own shares
The AGM resolved to authorise the Board to resolve to acquire and transfer the
company's own shares of class B at the Stockholm Stock Exchange against cash
consideration until the Annual General Meeting in 2008. Acquisitions and
transfers shall comprise no more than 3 per cent. of the company's shares and
shall be made at a price within the registered spread at any given time. The
purpose is to hedge the company's obligations in connection with implemented
incentive programs.
The AGM resolved to transfer at most 2,880,000 of the company's own shares of
series B to the participants in the company's incentive programs. Transfers of
shares under the Husqvarna Performance Share plan 2006 and in accordance with
share awards granted under the incentive program for 2007 will be made without
consideration. Transfers of shares in accordance with the employee stock options
granted under the incentive program for 2007 will be made at a price
corresponding to 110 % of the close price of the company's Class B share on the
Stockholm Stock Exchange during a period of 10 trading days prior to the grant
of options.
Currently, the company does not hold any own shares.

Authorization for new share issue
The AGM resolved to authorize the Board to resolve on the issue of not more than
38.5 million new A- and/or B-shares against consideration in kind, on one or
more occasions, during the period until the Annual General Meeting in 2008. The
division between shares of class A and class B shall substantially correspond to
the division of shares at the time of the issue of new shares. The price for the
new shares shall be based on the prevailing market price of the Husqvarna share.
The purpose of the authorization is to facilitate acquisitions where payment
will be made in own shares.


Husqvarna is the world's largest producer of lawn mowers, chainsaws and portable
petrol-powered garden equipment such as trimmers and blowers. The Group is also
a world leader in diamond tools and cutting equipment for the construction and
stone industries. Net sales in 2006 were SEK 29.4 billion and the average number
of employees was 11,400.