Offer document to the shareholders of Cardo announced

 This press release is not and must not, directly or indirectly, be distributed
  or made public in Australia, Canada, Japan, New Zealand or South Africa. The
  offer is not being made to persons in those jurisdictions or elsewhere where
their participation requires further offer documents, filings or other measures
                 in addition to those required by Swedish laws.

                                                                February 8, 2011
                                                                        No 05/11


The offer document regarding ASSA ABLOY AB's ("ASSA ABLOY") cash offer to the
shareholders of CARDO AB (publ) ("Cardo") to tender all shares in Cardo to ASSA
ABLOY (the "Offer"), has today been announced on ASSA ABLOY's
websitewww.assaabloy.com and on SEB's website www.seb.se/prospekt.

The offer document and the acceptance form will be distributed to shareholders
in Cardo whose shares are directly registered with Euroclear Sweden AB as of
February 8, 2011.

The offer document will be provided at ASSA ABLOY AB, Klarabergsviadukten
90, 107 23 Stockholm, Sweden and at SEB Enskilda, Kungsträdgårdsgatan 8, SE-
106 40 Stockholm, Sweden.

Timetable for the Offer

Publication of the offer document:              February 8, 2011



Acceptance period:                              February 10 - March 11, 2011



Approval from relevant competition authorities: March 9, 2011



Announcement of acceptance level:               March 15, 2011



Settlement:                                     March 18, 2011



ASSA ABLOY reserves the right to amend the timetable and to extend the
acceptance period for the Offer, as well as postpone the date of settlement.
Settlement will not commence until ASSA ABLOY has received all necessary
regulatory clearances and approvals required to consummate the Offer.



For more information please contact:
Johan Molin, President and CEO, Tel: +46 8-506 485 42
Tomas Eliasson, CFO, Tel: +46 8-506 485 72

This information is made public in accordance with the Securities Markets Act
and NASDAQ OMX Stockholm's takeover rules. The information in this press release
was submitted for publication on February 8, 2011, at 13.30 (CET).

IMPORTANT INFORMATION
This is a translation of the original Swedish language press release. In the
event of a dispute, the original Swedish wording shall prevail.

Offer Restrictions
The Offer is not being made to persons whose participation in the Offer requires
that an additional offer document is prepared or registration effected or that
any other measures are taken in addition to those required under Swedish law.

This press release and any related offer documentation are not being distributed
and must not be mailed or otherwise distributed or sent in or into any country
in which the distribution or offering would require any such additional measures
to be taken or would be in conflict with any law or regulation in such country -
any such action will not be permitted or sanctioned by ASSA ABLOY. Any purported
acceptance of the Offer resulting directly or indirectly from a violation of
these restrictions may be disregarded.

The Offer is not being made, directly or indirectly, by use of mail or any other
means or instrumentality (including, without limitation, facsimile transmission,
electronic mail, telex, telephone and the internet) in or into Australia,
Canada, Japan, New Zealand or South Africa, and the Offer cannot be accepted by
any such use, means, instrumentality or facility of, or from within Australia,
Canada, Japan, New Zealand or South Africa. Accordingly, this press release and
any related offer documentation are not being and should not be mailed or
otherwise distributed, forwarded or sent in or into Australia, Canada, Japan,
New Zealand or South Africa.

ASSA ABLOY will not deliver any consideration from the Offer into Australia,
Canada, Japan, New Zealand or South Africa.

This press release is not being, and must not be, sent to shareholders with
registered addresses in Australia, Canada, Japan, New Zealand or South Africa.
Banks, brokers, dealers and other nominees holding shares for persons in
Australia, Canada, Japan, New Zealand or South Africa must not forward this
press release or any other document received in connection with the Offer to
such persons.


[HUG#1486557]