ASSA ABLOY

Report Publication Announcement • Dec 30, 2010

30 December 2010 No 24/10

Announcement of change in the total number of shares and votes in ASSA ABLOY AB

The conversion of convertible bonds related to Incentive 2006 has now started. The conversion is handled by an external liquidity agent and can take place during a 180-day period between December 2010 and June 2011.

In December 259,160 new B-shares were issued. In case of full conversion 2,332,350 new B-shares will be created up until June 2011.

Incentive 2006 is an incentive program for senio r managers in the Group and ASSA ABLOY has issued four convertible bonds of a total value of EUR 38.4 M to a company especially established for this purpose.

The share capital at 30 December, 2010 amounted to SEK 366,177,194, comprising 19,175,323 A-shares and 347,001,871 B-shares. The total number of voting rights amounts to 538,755,101.

For more information please contact:

Johan Molin, President and CEO, Tel: +46 8-506 485 42 Tomas Eliasson, CFO, Tel: +46 8-506 485 72

ASSA ABLOY may be required to disclose the information provided herein pursuant to the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on 30 December, 2010.