ASSA ABLOY (SE) - direct/ ASSA ABLOY (SE) - Adjustment of the banking objectives

In affiliation with ASSA ABLOY´s Capital Markets Day the Group has adapted the banking objectives:

Upgraded objective:

- Sales should access with a absolute of 10 percent per year over a business aeon by a aggregate of amoebic advance and acquisitions over a business cycle.
Previous ambition was "Sales should access organically by an boilerplate of about 5 percent over a business cycle"

Unchanged objectives that should be accomplished by 2008 at the latest:

- The operating allowance (EBIT) should be bigger to 16-17 percent
- The absolute abiding trend in ASSA ABLOY´s operating banknote breeze should be maintained
- Capital ability should be continuously bigger
- Return on basic active (ROCE) should be bigger to 20 percent

For added information, amuse contact:
Johan Molin, President and CEO, tel no: +46 8 506 485 42
Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8 506 485 72

ASSA ABLOY discloses the advice provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The advice was submitted for advertisement at 09:45 CET on 29 November.

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The issuer is alone amenable for the agreeable of this announcement.