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Management changes at Cardo

Ove Bergkvist, Head of Cardo Entrance Solutions division, is leaving Cardo at his own request. Ove Bergkvist joined the Cardo group in 2004. He was appointed Head of the Residential Garage Doors division in 2005 and in 2009 he was appointed as Head of Cardo Entrance Solutions.Ove Bergkvist will remain in the Group during a transitional period. Malmö, Sweden, January 11 2011 Cardo AB (publ)   Cardo AB discloses the information provided herein pursuant to the Securities Market Act and the Takeover Rules. The information was submitted for publication on 11January 2011 at 4:15 PM.

Management changes at Cardo

Ove Bergkvist is taking over today as head of the Door & Logistics Solutions division. Ove Bergkvist joined the Cardo group in 2004 and was appointed head of the Residential Garage Doors division in 2005. Ove will remain head of the Residential Garage Doors division.Peter Aru is stepping in as head of the Wastewater Technology Solutions division in parallel with his role as President and CEO of Cardo. The head of the Pulp & Paper Solutions division, Peter Uddfors, is leaving Cardo at his own request to become CEO of the listed company Micronic Laser Systems AB. Peter Uddfors joined the

Management changes at Cardo

Tomas Wängberg, Senior Vice President Wastewater Technology Solutions, is leaving Cardo at his own request. Ulf Liljedahl, Cardos CFO and Executive Vice President is taking over as acting head of the division.Wastewater Technology Solutions, with its brand ABS, is one of Europe’s leading suppliers of solutions for wastewater treatment and handling applications. Its strategy of increased focus on complete solutions and service will be maintained.Recruitment of a new head of division will begin shortly.Malmö, Sweden, February 5 2009Cardo AB (publ)

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