Financial Information from Cardo

Financial Information from Cardo During 1999, Cardo AB will publish financial reports as follows: February 18 Year-end report,1998 Late March Annual Report April 19 Annual General Meeting May 3 Interim Report, January - March 1999 August 19 Interim Report, January - June 1999 November 2 Interim Report, January - September 1999 Malmö, December 9, 1998 Cardo AB (publ) For further information, please contact: Christer Roskvist, Head of Public Relations, phone +46 40 35 04 25, +46 40 35 04 00 Cardo is an international engineering group with a turnover of approximately SEK 8 billion in 1997. Cardo holds a strong position in the markets for industrial doors, residential garage doors, centrifugal pumps and rail-vehicle brake systems. Cardo has subsidiaries in about 30 countries with the focal point resting in western Europe, and roughly 7,500 employees. The head office is in Malmö, Sweden. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1998/12/09/19981209BIT00400/bit0001.doc http://www.bit.se/bitonline/1998/12/09/19981209BIT00400/bit0002.pdf

About Us

Cardo is a world-leading supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors. Operations are pursued in the Group’s divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp & Paper Solutions and Residential Garage Doors. With sales of almost SEK 10 billion and more than 6,000 employees worldwide, Cardo delivers solutions that help to solve some the toughest challenges of our time in the fields of water, transportation and energy. Corporate headquarters are located in Malmö, Sweden.

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