EXECUTIVE VICE PRESIDENT AND AUDIT COMMITTEE APPOINTED AT CARDO

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The board of directors of Cardo AB (publ) has appointed Ulf Liljedahl as Executive Vice President of Cardo and has established an audit committee within the board.

At a board meeting of Cardo AB (publ) on December 9 2008, the board resolved to appoint CFO Ulf Liljedahl as Executive Vice President of Cardo. At the board meeting, a resolution was also passed to establish an audit committee consisting of Ulf Lundahl (chairman), Lennart Nilsson and Anders Rydin.


Malmö, Sweden, December 10 2008
Cardo AB (publ)

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