Year-end report for 2005

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Fourth quarter 2005 - Invoiced sales rose by 27% to MSEK 402 (318) – organic growth for comparable units was 12%. - The operating profit increased by 37% to MSEK 44 (32) - The result after financial items was a profit of MSEK 40 (27). - The profit after tax amounted to MSEK 27 (19). - Earnings per share increased by 44% to SEK 3.03 (2.11) Full-year 2005 - Invoiced sales rose by 20% to MSEK 1,491 (1,240) – organic growth for comparable units was 12%. - The operating profit increased by 38% to MSEK 140 (101). - The result after financial items was a profit of MSEK 125 (84). - The profit after tax amounted to MSEK 85 (57). - Earnings per share increased by 50% to SEK 9.62 (6.42). - In April all the shares in Telesteps AB, which manufactures telescopic ladders, were acquired. - As of June 14, 2005, Gunnebo Industrier’s shares have been listed on the O-list of the Stockholm Stock Exchange. Dividend - The Board proposes that a dividend of SEK 3.50 per share should be paid. Annual General Meeting - The Annual General Meeting will be held at 5.00 p.m. on Thursday, April 27, 2006, at Bryggaren, Spötorget in Västervik, Sweden.

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