MANAGEMENT CHANGES AT CARDO

Fredrik Jönsson, Senior Vice President Door & Logistics Solutions, will be leaving Cardo at his own request. Fredrik Jönsson will remain with the Company until mid-March.

The process of change that the Group has begun will continue unchanged and the strategy of increased focus on complete solutions in the fields of industrial doors, docking systems and service will be maintained.

Malmö, Sweden, September 25 2007
Cardo AB (publ)