Ahead of Cardo AB's annual general meeting

Ahead of Cardo AB's annual general meeting The annual general meeting will be held on Monday, April 2 2001 at 5 pm at Storan, Malmö Musikteater, Östra Rönneholmsvägen 20, Malmö, Sweden. An agenda containing the matters that are proposed to be brought before the general meeting is included in the official notice to attend the meeting, which will be published on February 24 in the newspapers Svenska Dagbladet, Sydsvenska Dagbladet, Göteborgs-Posten and Finanstidningen and on February 26 in the newspaper Post- och Inrikes Tidningar. The notice is appended this press release and will be found on Cardo's website at www.cardo.se Malmö, Sweden, February 23 2001 Cardo AB (publ) For further information, please contact: Christer Roskvist, Head of Public Relations, phone +46 40 35 04 25, 35 04 00 Cardo is an international engineering group with a turnover of SEK 9.8 billion in 2000. Cardo holds a strong position in the markets for doors, pumps and rail-vehicle brake systems. Cardo has subsidiaries in about 30 countries with the focal point resting in western Europe, and roughly 8,000 employees. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/02/23/20010223BIT00460/bit0001.doc http://www.bit.se/bitonline/2001/02/23/20010223BIT00460/bit0001.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.