ASSA ABLOY

Interim / Quarterly Report • Sep 28, 2015

Approval date from the B.O.D.
of quarterly periodic financial statements	: 22nd November 2007
Type of Review Opinion	: With no qualification
Company's web site	: www.ascompany.gr

Supervising Authority : Ministry of DevelDepartment of SA companies of quarterly periodic financial statements : 22nd November 2007 Certified Auditor Accountant : Evaggelos Ν. Pagonis - L.C./ Accociation of Certified Auditors: 14211 Auditing Association & Certified Auditing Firm : BAKER TILLY HELLAS ΑΕ - L.C./ Accociation of Certified Auditors: Ε 148 Type of Review Opinion : With no qualification COMPANY'S INFORMATION DATA

BALANCE SHEET			PROFIT AND LOSS STATEMENT
Amounts expressed in €			Amounts expressed in €		COMPANY
		COMPANY
				1.1 to	1.1 to	1.4 to	1.4 to
ASSETS	30.09.2007	31.12.2006		30.09.2007	30.09.2006	30.09.2007	30.09.2006
Non-current assets			Sales Turnover	16.656.555,02	12.068.002,78	5.502.242,31	4.073.842,01
Tangible fixed assets	8.446.163,34	8.737.598,96	Cost of goods sold	-8.218.056,80	-6.237.620,86	-3.079.679,78	-2.372.976,89
Intangible fixed assets	66.577,17	21.886,56	Gross profit	8.438.498,22	5.830.381,92	2.422.562,53	1.700.865,12
Investing activities and other long term recievables	182.967,50	96.765,94	Other income	39.861,78	48.169,48	17.430,60	1.080,84
			Administration expenses	-838.670,08	-743.163,10	-285.930,92	-215.123,10
Current assents			Selling and Distribution expenses	-3.744.172,86	-2.417.211,51	-1.122.737,48	-604.521,77
Inventories	5.126.416,82	3.550.394,34	Research and Development expenses	-112.569,73	-90.896,68	-36.622,42	-22.327,10
Trade debtors	18.054.300,91	13.297.972,00	Profit/(loss) before tax, interest,
Short term investing activities	25.632,88	13.108,00	investing results and depreciation	3.782.947,33	2.627.280,11	994.702,31	859.973,99
Other assets	527.775,56	304.948,25	Depreciation	-389.399,32	-392.534,78	-123.144,68	-134.392,87
Cash and cash equivalents	926.614,24	351.041,97	Profit/(loss) before tax, interest,
			and investing results	3.393.548,01	2.234.745,33	871.557,63	725.581,12
TOTAL ASSETS	33.356.448,42	26.373.716,02	Financing activities expenses	-367.680,01	-218.576,45	-161.524,91	-65.680,58
			Profit/(loss) before tax	3.025.868,00	2.016.168,88	710.032,72	659.900,54
			Less:Taxes	-590.330,77	-812.940,23	-78.696,40	-248.074,02
SHAREHOLDERS' EQUITY AND LIABILITIES			Profit/(loss) after tax from continued operations (a)	2.435.537,23	1.203.228,65	631.336,32	411.826,52
			Profit/(loss) after tax from discontinued operations (b)	0,00	0,00	0,00	0,00
Long term liabilities			Profit/(loss) after tax (continued and
Borrowings	4.347.826,10	4.347.826,10	discontinued operations) (a) + (b)	2.435.537,23	1.203.228,65	631.336,32	411.826,52
Other long term liabilities	1.453.559,82	747.415,72	Distribution:
			Company's shareholders	2.435.537,23	1.203.228,65	631.336,32	411.826,52
Short term liabilities			Minority Shareholders'	0,00	0,00	0,00	0,00
Debts to trade creditors	3.210.170,43	2.486.442,27	Profit after tax per share in ( €)	0,111	0,055	0,029	0,019
Borrowings	4.019.715,32	828.868,45
Other short term liabilities	4.319.601,93	3.086.207,69
Total liabilities (a)	17.350.873,60	11.496.760,23
			STATEMENT OF CHANGES IN EQUITY
Share capital and Reserves			Amounts expressed in €		COMPANY
Paid up share capital	8.313.146,00	8.313.146,00		30.09.2007	30.09.2006
Share premium	74.509,17	74.509,17
Reserves	1.464.844,03	1.369.022,72	Opening balance (01.01.2007& 01.01.2006 respectively)	14.876.955,79	14.224.116,48
Profits	6.153.075,62	5.120.277,90	Year's Profit / (loss) after taxes	2.435.537,23	1.203.228,65
Total Shareholders Equity (b)	16.005.574,82	14.876.955,79	Dividends	-1.312.602,00	-1.093.835,00
Minority Rights ( c)	0,00	0,00	Net income towards equity	5.683,80	0,00
Total Equity (d) = (b) +( c)	16.005.574,82	14.876.955,79	Bought / (Sold) own shares	0,00	0,00
TOTAL SHAREHOLDERS EQUITY AND LIABILITIES (e) = (a) + (d)	33.356.448,42	26.373.716,02	Year end equity (30.06.2007 & 30.06.2006 respectively)	16.005.574,82	14.333.510,13
CASH FLOW STATEMENT
Amounts expressed in €		ΕΤΑΙΡΕΙΑ
	1.1-	1.1 -	Notes:
Operating activities	30.09.2007	30.09.2006
Profit before tax	3.025.868,00	2.016.168,88	1. The Company's tax returns have been audited by the tax authorities up to and including the fiscal year 2004, with the chance of an imposition of further taxation and surcharges throughout
Increase / Decrease adjustments for:
Depreciation	389.399,32	392.534,78	the year that will be reviewed and defined in the tax returns of the unaudited fiscal years. The results of the audit can not be projected at this time and therefore no relevant projection has been made that depicts the effect on the financial statements.
Previsions	6.226,41	-18.914,30	2. No circumstance in regards to changes in accounting principles and projections exited that would effect the comparability of the data presented.
Investing Activities Results (income, expences, profit & loss)	5.683,80	0,00
Interest Expense	391.065,37	240.506,66	3. There were no, during the present fiscal period, any buyouts, consolidations, sell-off, secession, or reorganization of any of the company's parts.
Increase / Decrease adjustments for working capital:			4. There were no changes in the company's fiscal year period, therefore all information presented is comparable.
Decrease/(increase) in inventories	-1.576.022,48	-588.910,70	5. .The company does not report on a consolidated basis, or are its financial statements consolidated with another company's.
Decrease/(increase) in receivables	-4.979.156,22	787.661,23
(Decrease)/increase in current liabilities (excluding borrowings)	2.214.795,20	-2.271.365,45	6. There is no mortgaging over company's fixed assets.

Minus : 7. There do not exist any types of arbitration or pending litigation matters that could have a material adverse effect on AS Company S.A. financial condition.

Investing Activities 9. As of 31.12.2005 the Company has acquired through the Athens Stock Exchange 94.730 same shares at an average price of € 0,766 total € 72.559,90.

Purchase of tangible and intangible assets	-142.654,31	-124.172,13	10. The amounts of sales and purchases from the beginning of the fiscal period and the balance of receivables and liabilities at the end of the fiscal period,
Proceeds from sales of tangible and intangible assets	0,00	12.010,71	which have resulted from transactions from related sectors, such as defined by IAS standard 24 are as follows:
Proceeds from sales (puschase) of securities	-7.752,21	0,00	a) Sales of goods and services		0,00
Interest income	18.612,69	13.887,71	b) Purchase of goods and services		0,00
Dividends income	0,00	4.736,50	c) Trade debtors		0,00
Total cash flows from ivnesting activities (b)	-131.793,83	-93.537,21	d) Liabilities		0,00
Financing activities			e) Transactions & salaries of managerial staff and the board		449.417,44
Proceeds from share capital increase	0,00	0,00	f) Receivables fron managerial staff and the board		0,00
Proceeds from borrowings	3.190.846,87	1.394.870,45	g) Liabilities towards managerial staff and te board		18.091,81
Borrowings paid	0,00	0,00
Dividends paid	-1.312.602,00	-1.412.930,40	Thessaloniki, November 22nd 2007
Total cash flows from Financing activities ( c)	1.878.244,87	-18.059,95	CHAIR-MAN OF THE B.O.D.	VICE-PRESIDENT	FINANCE DIRECTOR	HEAD ACCOUNTANT
Net increase / (Decrease) in cash					& MEMBER OF THE B.O.D.
and cash equivalents (a) + (b) + ( c)	575.572,27	11.957,39
Cash and cash equivalents opening balance	351.041,97	274.762,42	ANDREADIS K. EUSTRATIOS	ANASTASIA ANDREADOU	PAPASPUROU V. PANAGIOTIS	BAGIOKI Ι. OLYMBIA
Cash and cash equivalents closing balance	926.614,24	286.719,81	ΑΒ 691316	Μ 371650	ΑΕ 032224	ΑΕ 671215

to the Company's web site, where the annual financial statements according to International Accounting Standards

and Certified Auditors Accountant Audit Report are posted.

AS COMPANY S.A. FINANCIAL STATEMENTS INFORMATION January 1st 2007 ended in September 30th 2007 Company's Number in the Register of Societes Anonymes 22949/06/Β/90/107 Headquarters: Municipality of Oraiokastro County of Thessaloniki In agreance with decision 2/396/31.08.2006 of the Hellenic Comission of Market Capitalization

The figures presented below provide information about the financial position of AS COMPANY S.A.

The reader who seeks to draft a completed figure of the company's financial statement and financial results, sould get access