THE NOMINATION COMMITTEE'S PROPOSAL FOR BOARD OF CARDO

Cardo's nomination committee proposes that the annual general meeting re-elect
board members Fredrik Lundberg, who is also proposed for re-election as Chairman
of the Board, Peter Aru, Tuve Johannesson, Berthold Lindqvist, Carina Malmgren
Heander, Lennart Nilsson and Anders Rydin and elect Ulf Lundahl as a new member
of the board.

Ulf Lundahl is 55 years old, a Bachelor of Laws and a graduate business
administrator. Ulf Lundahl has held posts that include Executive Vice President
of Gota bank, President of Nokia Data and President of Östgöta Enskilda Bank,
and since 2004 has been Executive Vice President of L E Lundbergföretagen AB. At
present, Ulf Lundahl holds directorships in organizations that include Holmen
AB, Indutrade AB, Ramirent AB and St Erik's Eye Hospital.

Bengt Pettersson has declined re-election as a member of the board.

As the Group's auditors, the nomination committee proposes re-election of Ernst& Young for a further term of four years.

In addition, the nomination committee proposes that the board fee remain
unchanged.

The nomination committee proposes that Fredrik Lundberg be appointed chairman of
Cardo's annual general meeting 2008, which will take place in Malmö at 5.00 pm
on April 7.

The Company has been informed that L E Lundbergföretagen AB has replaced its
representative on the nomination committee by Claes Boustedt.

Malmö, Sweden, January 31 2008
Cardo AB (publ)

For further information, please contact:
The chairman of the nomination committee Claes Boustedt, tel +46 8 463 06 40

Cardo is an international group with leading brands, offering solutions with
quality products, a high level of service and great applications know-how to
industrial customers. Operations are pursued in the Group's divisions: Door &
Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and
Residential Garage Doors, which all enjoy strong positions in their respective
markets. The Group has approximately 6,000 employees in more than 30 countries
and sales of approximately SEK 9 billion. Corporate headquarters are located in
Malmö, Sweden.

THE NOMINATION COMMITTEE'S PROPOSAL FOR BOARD OF CARDO

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