Annual General Meeting in ASSA ABLOY AB

The statement of the President and CEO
At today's Annual General Meeting of shareholders in ASSA ABLOY AB,
the President and CEO Johan Molin commented on the most important
events of 2008 and the first quarter of 2009. He reported among other
things that ASSA ABLOY had recorded the Group's highest-ever sales
and earnings in 2008.

For ASSA ABLOY organic growth is the single most important driver of
profitability and success. The expansion of the marketing
organization continued, with increased concentration on specification
salesmen and architects and greater focus on the fast-growing area of
electromechanical lock solutions. Major investments in product
development were made, which will make positive contributions to
future sales.

During the year 18 companies were acquired, which are bringing in
annual sales of around SEK 1,800 M.

The restructuring program initiated in 2006 has been a great success
and will be completed during 2009. A new review of the production
structure was carried out in 2008: the cost of the new program
amounts to SEK 1,180 M with a payback time of 2-3 years.

Johan Molin also reported that during the first quarter costs of SEK
109 M where taken for additional costs in two ongoing projects from
the 2006 restructuring program.

In the first quarter of 2009 the Group reported record earnings in
spite of a severe downturn in new construction on all the world's
major markets. All divisions were affected but Entrance Systems, HID
and the growth markets remained relatively stable.

Election of the Board of Directors
The Annual General Meeting of ASSA ABLOY AB re-elected Gustaf
Douglas, Carl Douglas, Johan Molin, Sven-Christer Nilsson, Birgitta
Klasén, Eva Lindqvist, Jorma Halonen, Lars Renström and Ulrik
Svensson as members of the Board of Directors. Gustaf Douglas was
then re-elected as Chairman of the Board.

Dividend
The Annual General Meeting approved the dividend of SEK 3.60 per
share proposed by the Board of Directors and the President. The
record date for the dividend was set as Tuesday, 28 April 2009 and
the dividend is expected to be distributed by Euroclear Sweden AB
starting on Monday 4 May 2009.
Remuneration of the Board of Directors
The total remuneration of the Board of Directors will amount to
SEK 4,050,000, excluding fees for committee work.

Nomination Committee
Gustaf Douglas (Investment AB Latour and SäkI), Mikael Ekdahl (Melker
Schörling AB), Magnus Landare (Alecta), Marianne Nilsson (Swedbank
Robur) and Mats Tunér (SEB Fonder) were elected as members of the
Nomination Committee up to the conclusion of the 2010 Annual General
Meeting. Mikael Ekdahl was elected Chairman of the Nomination
Committee.

Establishment of guidelines for the remuneration of the Executive
Team
The Annual General Meeting resolved on the guidelines to be set for
the remuneration of senior management, with the main principle that
salaries and terms of remuneration for management should be in line
with the market.

For more information please contact:
Johan Molin, President and CEO, Tel: +46 8 506 485 42
Tomas Eliasson, CFO and Executive Vice President, Tel: +46 8 506 485
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This information is that which ASSA ABLOY is required to disclose
under the Swedish Securities Exchange and Clearing Operations Act
and/or the Swedish Financial Instruments Trading Act. The information
is released for publication at 17.00 on 23 April.