ASSA ABLOY's CEO and president Johan Molin has on June 2, 2006 sold 21,900 Class B shares of ASSA ABLOY stock to finance his participation in the convertible-based incentive program ("Incentive 2006") offered to senior executives at ASSA ABLOY. After the transaction Molin owns a total of 500,000 Class B share of ASSA ABLOY stock. In addition, Molin has been allocated shares of Incentive 2006 equivalent to another approximately 210,000 Class B shares of ASSA ABLOY.

Further information can be obtained from Martin Hamner, Director of Investor Relations and Group Controller, Tel: + 46 8 506 485 79 Ann Holmberg, Manager Corporate Communications, Tel +46 8 506 485 54