ASSA ABLOY acquires ODIS in Chile

ASSA ABLOY has signed an agreement to acquire ODIS Limitada, a leading supplier
of locks, padlocks and steel doors to the Chilean market.

"I am very pleased to welcome ODIS into the ASSA ABLOY Group. ODIS constitutes
another important step in our strategy to grow market presence in Chile and
other emerging markets,” says Johan Molin, President and CEO of ASSA ABLOY.

"ODIS is a very exciting addition to the Americas division. This acquisition
will enhance our ability to serve our customers in the Chilean market and allows
us to offer a total door opening solution in the market," says Thanasis
Molokotos, Executive Vice President of ASSA ABLOY and Head of the Americas
Division.

ODIS, established in 1930, is headquartered in Santiago, Chile and has 240
employees.

Sales for 2015 are expected to reach CLP 9.9 bn (approx SEK 120 M). The
acquisition will be accretive to EPS from start.

The transaction is expected to close during Q4 2014.

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

About ASSA ABLOY
ASSA ABLOY is the global leader in door opening solutions, dedicated to
satisfying end-user needs for security, safety and convenience. Since its
formation in 1994, ASSA ABLOY has grown from a regional company into an
international group with about 43,000 employees, operations in more than 70
countries and sales of about SEK 50 billion. In the fast-growing
electromechanical security segment, the Group has a leading position in areas
such as access control, identification technology, door automation and hotel
security.