After the divestiture effeff will have sales of approximately DEM 140 M with a maintained high margin exceeding 20 percent. The sales price amounts to DEM 365 M and will lead to a major reduction of ASSA ABLOY's debt and goodwill from the acquisition. The divestiture will be EPS neutral for ASSA ABLOY.

 

ASSA ABLOY AB is listed on the official list at the Stockholm Stock Exchange.

 

 

For further information, please contact

Göran Jansson, CFO, tel. +46-70-698 8572

 

 

ASSA ABLOY AB (publ)

P.O. Box 70340, S-107 23 Stockholm

Tel: Int+46-8-506 485 000, Fax: Int +46-8-506 485 85

Visiting address: Klarabergsviadukten 90

 

 

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The ASSA ABLOY Group is the world's leading manufacturer and supplier of locks and associated products,

dedicated to satisfying end-user needs for security, safety and convenience. In 1999 the Group