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ASSA ABLOY

Transaction in Own Shares • May 23, 2011

2882_rns_2011-05-23_ea2b9d4e-8511-41a3-85e3-7052c037cd7d.pdf

Transaction in Own Shares

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May 23, 2011 No 21/11

Repurchase of shares in the company

The Board of Directors has on May 20 decided to acquire maximum 300.000 series B shares. The motive for the repurchase is to financially secure the company's undertakings, including social security costs, in connection with the long term incentive programme LTI 2011.

The shares will be purchased over NASDAQ OMX Stockholm at a price within the registered share price interval at any given time. Payment of the shares shall be made in cash.

ASSA ABLOY already holds 300.000 series B shares.

For more information, please contact:

Johan Molin, President and CEO, tel no: +46 8 506 485 42 Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8 506 485 72

ASSA ABLOY discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on May 23, 2011.