ELECTION COMMITTEE AHEAD OF AGM 2008

ELECTION COMMITTEE AHEAD OF AGM 2008

Under a resolution of Cardo's annual general meeting, an election committee
shall be appointed each year consisting of the Chairman of the Board of
Directors and one representative of each of the Company's three largest
shareholders on September 30. The person representing the Company's largest
owner shall chair the election committee. If any owner declines to take part,
the right to appoint a representative shall pass to the next largest
shareholder. 

The election committee that has been appointed ahead of the 2008 annual general
meeting consists of:

Ulf Lundahl (chairman), L E Lundbergföretagen AB, Stockholm
Göran Espelund, Lannebo funds, Stockholm
Hans Hedström, HQ funds, Stockholm
Fredrik Lundberg, Chairman of Cardo's board of directors

Proposals regarding election of members of the Board of Directors and the Board
fee may be sent either to a member of the election committee or to the Company,
info@cardo.com, to be forwarded to the election committee.

Malmö, Sweden, October 9 2007
Cardo AB (publ)



For further information, please contact: 
Maria Bergving, Senior Vice President Communications and Investor Relations, tel
+46 40 35 04 25, +46 70 602 61 81, maria.bergving@cardo.com

Cardo is an international industrial 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 5,900 employees in more
than 30 countries and sales of approximately SEK 9 billion. Corporate
headquarters are located in Malmö, Sweden.