GUNNEBO AB ANNUAL GENERAL MEETING

Dividend The Annual General Meeting held on 30 March 2006 resolved in favour of paying a dividend of SEK 1.60 per share (2005: SEK 2.25 plus the distribution of all the shares in Gunnebo Industrier AB). It was agreed that the date of record for entitlement to dividend should be 4 April 2006. It is expected that the dividend will be disbursed via VPC on 7 April 2006. Election of Board Messrs Roger Holtback, Mikael Jönsson, Martin Svalstedt, Bjarne Holmqvist and Ms Lena Olving were re-elected to the Board. Björn Eriksson and Bo Dankis were elected to the Board. At the AGM, Roger Holtback was elected chairman. Nominating Committee The AGM decided that the Nominating Committee should consist of the chairman, together with a representative of each of the three largest shareholders at the end of the third quarter of 2006. The role of the Nominating Committee is to submit nominations for election to the Board and a proposal for the Board fee to the 2007 Annual General Meeting. Auditors PricewaterhouseCoopers AB have already been elected as the company’s auditors until the 2008 Annual General Meeting. Decision on mandate for Board The AGM resolved in favour of mandating the Board to make decisions during the period up until the next AGM to raise the company’s share capital by a maximum of SEK 6,000,000 via the issue of a maximum of 1,200,000 shares, for use in connection with company acquisitions. Extracts from the President’s address to shareholders Göran Gezelius, Gunnebo’s President and CEO, opened his first address to the AGM by giving an account of Gunnebo’s progress in 2005 and of the production restructuring programme that was completed during the year. He then commented in detail on the extensive integration project that was started in 2005 and resulted in an entirely new, customer-focused organisation being launched with effect from 1 January 2006. The object of the integration project – known as “Gunnebo One Company” – is to reduce the number of companies in the Group from the present 90 or so to around 50 and to integrate Gunnebo’s business into a single company in each country or geographical territory. The main purpose of Gunnebo One Company is, in the first instance, to stimulate faster organic growth and thus raise the Group’s profitability. In conclusion, Mr Gezelius went through the financial targets that had been achieved in 2005, as well as those that the Group expected to achieve in 2007 – or that would reach their targeted annual rate in 2007. Gothenburg March 30, 2006 GUNNEBO AB (publ) Information For further information, please contact: Göran Gezelius, President and CEO, Gunnebo AB, tel. +46 31 83 68 00, or Lennart Gustavsson, CFO, Gunnebo AB, tel. +46 31 83 68 00, or Janerik Dimming, SvP Group Communications Gunnebo AB, tel. +46 31-83 68 03, mobile: +46 705-83 68 03, or e-mail janerik.dimming@gunnebo.com www.gunnebo.com