Notice of an extraordinary general meeting of Gunnebo Industrier AB (publ)

This is a notice to the shareholders of Gunnebo Industrier AB (publ) that an extraordinary general meeting will be held at 12.00 noon on Friday, 27 June 2008 at the company's head office in Gunnebo, Sweden.

Entitlement to participate in the extraordinary general meeting
Shareholders who wish to participate in the extraordinary general meeting shall
- be registered in the register of shareholders maintained by VPC AB by 20 June 2008,
- notify Gunnebo Industrier of their intention by no later than 4.00 p.m. on 20 May 2008.

Email: bolagsstamma@gunneboindustries.com
Post: Gunnebo Industrier
Extra bolagsstämma
590 93 Gunnebo

Fax: +46 490 89 198
Phone: +46 490 89 224
Web: www.gunneboindustries.com

When notifying the company, please state your name, civil or company registration number, address, number of shares, telephone (daytime) and, where applicable, information about assistants (max, 2).

Shareholders who will be represented by a proxy shall issue a power of attorney to the proxy. If the power of attorney is issued by a juridical person a verified copy of the certificate of registration or equivalent authorisation document for the juridical person shall be attached. The power of attorney and the certificate of registration/authorisation document shall not have been issued earlier than one year before the date of the Meeting. The original of the power of attorney and the certificate of registration/authorisation document should be sent to Gunnebo Industrier AB well ahead of the Meeting at the above address.

Shareholders whose shares are registered in nominee names must have their shares temporarily re-registered in their own names by VPC to be entitled to participate in the Meeting. This re-registration procedure must be completed by no later than 20 June 2008. This means that shareholders must notify their account operator of their wish well ahead of the date.

The company has 8,770,909 shares in issue, carrying the same number of votes.

Proposed agenda
1. Election of chairman of Meeting
2. Preparation and approval of voting list
3. Approval of agenda
4. Election of one or more persons to check and approve the minutes of the Meeting
5. Consideration of whether the Meeting has been duly convened
6. Approval of transfer of the 3A Byggdelen AB subsidiary to some employees
7. Adjournment

Proposed decision

Approval of transfer of the 3A Byggdelen AB subsidiary to some employees
The Board proposes that the meeting approve the sale of the wholly owned 3A Byggdelen AB subsidiary (the “Subsidiary”) to a new company that has been formed for that purpose and that is owned by three employees of the Subsidiary. The Subsidiary, which was part of the acquisition of Christiania Spigerverk A/S in Norway in 2007, sells equipment and hand tools to builders in the Stockholm area. Because the business is relatively small and competes with some of Gunnebo Industrier AB's customers, management and the Board believe that divestment of the Subsidiary is strategically correct. With five employees, the Subsidiary reported sales of SEK 15.6 million in 2007 and had shareholders' equity of approximately SEK 1.3 million on 30 April 2008. The purchase price of SEK 3 million is to be paid in cash on the date of possession.

The above proposal of the Board is conditional upon the support of the decision by shareholders representing at least nine tenths of votes cast, as well as votes and shares represented at the meeting.


Gunnebo, April 2008

Board of directors

Gunnebo Industrier AB (publ)