Annual General Meeting in ASSA ABLOY AB (publ)

Annual General Meeting in ASSA ABLOY AB (publ) 


STOCKHOLM, Sweden, April 27  /PRNewswire-FirstCall/ -- At today's Annual
General Meeting of shareholders in ASSA ABLOY AB, the following members of the
board were re-elected: Bo Dankis, Gustaf Douglas, Georg Ehrnrooth, Per-Olof
Eriksson, Lotta Lunden, Sven-Christer Nilsson, Melker Schorling and Carl-Henric
Svanberg.  Carl Douglas was elected new member of the board. At the
Constitutional Meeting following the General Meeting, Georg Ehrnrooth was
re-elected Chairman of the Board.

Dividend

The General Meeting established the dividend proposed by the Board of Directors
and the Managing Director amounting to SEK 1.25 per share.  Friday 30 April
2004 was established as record day and payment from VPC (the Securities
Register Centre) is expected to start on Wednesday 5 May 2004.

Nomination Committee

The General Meeting decided to re-elect Georg Ehrnrooth, Melker Schorling and
Gustaf Douglas members of the Nomination Committee, with the task of preparing
the election of Directors, the establishment of fees for the Directors and
matters pertaining thereto regarding the 2005 Annual General Meeting. The
mentioned members have been instructed to, during the third calendar quarter
2004, appoint two representatives of the major institutional shareholders
additional members of the Nomination Committee.  The names of these two members
will be published in the company's interim report for the third quarter 2004.

Global Incentive Program

Today, the general meeting of ASSA ABLOY shareholders has resolved to introduce
a global incentive program for employees within the ASSA ABLOY Group, in
accordance with the proposal of the Board as earlier released. The new
incentive program will be open to approximately 22,000 employees in
approximately 15 countries.

   Stockholm 27 April 2004
   ASSA ABLOY AB (publ)

    For further information, please contact
    Bo Dankis, President and CEO, tel: [phone]
    Goran Jansson, Deputy CEO and CFO, tel. [phone]

    ASSA ABLOY AB (publ)
    P.O. Box 70340, S-107 23 Stockholm
    Tel: [phone], Fax: [phone]
    Visiting address: Klarabergsviadukten 90

    http://www.assaabloy.com/

    http://hugin.info/1014/R/942881/131845.pdf



The ASSA ABLOY Group is the world's leading manufacturer and supplier of
locking solutions, dedicated to satisfying end-user needs for security, safety
and convenience.  The Group has about 30,000 employees and annual sales of
about EUR3 billion. 

DATASOURCE: ASSA ABLOY AB



CONTACT:  Bo Dankis, President and CEO, [phone], or Goran

Jansson, Deputy CEO and CFO, [phone], both of ASSA ABLOY AB



Web site:  http://www.assaabloy.com/ 

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