Gunnebo Year-end Release 2005

Fourth quarter 2005 * • The order intake rose by 22% to MSEK 1,705 (1,396). Organic growth was 9%. • Invoiced sales rose by 12% to MSEK 1,868 (1,668). Organic growth was 2%. • The result after financial items and before items affecting comparability was a profit of MSEK 138 (129) and after these items it amounted to MSEK 4 (17). • Net cost items affecting comparability amounted to MSEK 134 (cost 112) and consisted largely of the remaining part of previously approved restructuring of production, costs for the new organisation and new structure, as well as lump-sum write-downs in the value of inventories. • The result after tax was a loss of MSEK 28 (profit 18). • The loss per share amounted to SEK 0.65 (profit: 0.40). Excluding items affecting comparability earnings per share were SEK 1.95 (2.40). • The operative cash flow increased to MSEK 275 (167). January - December 2005 * • The order intake rose by 10% to MSEK 6,658 (6,035). Organic growth in the order intake was 2%. • Invoiced sales rose by 6% to MSEK 6,477 (6,086). Organic, sales declined by 2%. • The profit after financial items amounted to MSEK 238 (325) but excluding items affecting comparability and to MSEK 33 (121) including them. • Net cost items affecting comparability amounted to MSEK 205 (cost 204), and consisted largely of the remaining part of previously approved restructuring of production, costs for the new organisation and new structure, as well as lump-sum write-downs in the value of inventories. • The result after tax was a loss of MSEK 97 (profit 84). • The loss per share amounted to SEK 2.20 (profit: 1.90). Excluding items affecting comparability earnings per share were SEK 3.75 (6.00). • The shares in Gunnebo Industrier AB were distributed to Gunnebo’s shareholders and floated separately on Stockholmsbörsen’s “O” list. • Eurofence was acquired in January 2005. Dividend proposal • It is proposed that a dividend of SEK 1.60 (2.25) be paid. Outlook for 2006 * • The result after financial items for 2006 is expected to be significantly higher than for 2005, both before and after items affecting comparability (MSEK 238 and MSEK 33), but it will still be below the company’s established financial targets. * These figures relate to the continuing business, i.e. excluding Gunnebo Industrier. GUNNEBO AB (publ) Group Communications For more information please contact: Göran Gezelius, President and CEO Gunnebo AB, tel. +46-(0)31- 83 68 00, mobile +46-(0)705-69 85 05, or Lennart Gustavsson, CFO Gunnebo AB, tel. +46-(0)31-83 68 00, mobile +46-(0)705-93 40 80, or Janerik Dimming, SVP Group Communications Gunnebo AB, tel. +46-(0)31-83 68 03, mobile +46-(0)705-83 68 03, e-mail janerik.dimming@gunnebo.com www.gunnebo.com