ASSA ABLOY acquires leading UK manufacturer of high security steel doors


ASSA ABLOY has acquired Powershield Doors, a leading manufacturer of
high security steel doors. The Company is based in Northern Ireland
and it employs 90 people.

Powershield Doors designs, manufactures and installs customised fire
resistant, personnel access and high security steel doors. The doors
are installed in commercial, industrial and public sector
applications.

Tzachi Wiesenfeld, Head of the EMEA Division and Executive Vice
President of the ASSA ABLOY Group says: "Powershield is an exciting
addition to the group. Through this acquisition, the EMEA Division
reinforces its position as the leader in door-opening solutions.
Powershield adds to our specification strength, as it would allow us
to offer a complete product range, including locks, hardware,
electomechanics and high security doors."

Powershield is expected to reach a turnover of GBP 10M in 2008.
Powershield will be consolidated as of Dec 1st 2007 and this
acquisition is expected to be EPS accretive from the start.



For more information, please contact:
Johan Molin, President and CEO, tel no: +46 8 506 485 42
Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8 506
485 72




ASSA ABLOY may be required to disclose the information provided
herein pursuant to the Securities Markets Act. The information was
submitted for publication at 11.00 CET on December 3, 2007.

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