ASSA ABLOY — Capital/Financing Update 2013

Oct 22, 2013

FINAL TERMS

18 October 2013

ASSA ABLOY AB (publ)

Issue of EUR 30,000,000 Floating Rate Notes due October 2018 under the $61,500,000,000$ Global Medium Term Note Programme

PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the conditions set forth in the Offering Circular dated 16 November 2012 (the Offering Circular together with the supplements to it dated 8 February 2013, 29 April 2013 and 19 July 2013, the Offering Circular). The Offering Circular constitutes a base prospectus for the purposes of Directive 2003/71/EC as amended (which includes the amendments made by Directive 2010/73/EU to the extent that such amendments have been implemented in a relevant Member State of the European Economic Area) (the Prospectus Directive). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Offering Circular. Full information on the Issuer and the Guarantor (in the case of Guaranteed Notes) and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Offering Circular. The Offering Circular has been published on the website of the London Stock Exchange through a regulatory information service (www.londonstockexchange.com/exchange/news/market-news/marketnews-home.html).

The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act) or any U.S. state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act) unless an exemption from the registration requirements of the Securities Act is available and in accordance with all applicable securities laws of any state of the United States and any other jurisdiction.

(i)	Issuer:	ASSA ABLOY AB (publ)
(ii)	Guarantor:	Not Applicable
(i)	Series Number:	26
(ii)	Tranche Number:	1
(iii)	Date on which the Notes will be consolidated and form a single Series:	Not Applicable
Specified Currency or Currencies:		Euro (EUR)
Aggregate Nominal Amount:
(i)	Series:	EUR 30,000,000
(ii)	Tranche:	EUR 30,000,000
Issue Price of Tranche:		99.85 per cent. of the Aggregate Nominal Amount
(i)	Specified Denominations:	EUR 100,000
(ii)	Calculation Amount:	EUR 100,000

7.	(i)	Issue Date:	23 October 2013
	(ii)	Interest Commencement Date:	Issue Date
8.		Maturity Date:	Interest Payment Date falling on or nearest to 23 October 2018
9.		Interest Basis:	EURIBOR 3 months $+$ 0.55 per cent. Floating Rate
10.		Redemption Basis:	Subject to any purchase and cancellation or early redemption, the Notes will be redeemed on the Maturity Date at 100 per cent. of their nominal amount
11.		Change of Interest Basis:	Not Applicable
12.		Put/Call Options:	Not Applicable

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

13.	Fixed Rate Note Provisions		Not Applicable
14.	Floating Rate Note Provisions		Applicable
	(i)	Specified Period(s)/Specified Interest Payment Dates:	Interest will be paid quarterly in arrears and will and including the Interest accrue from Commencement Date but excluding the Maturity Date.
			23 January, 23 April, 23 July and 23 October of each year from and including 23 January 2014 up to and including the Maturity Date, subject to adjustment in accordance with the Business Day Convention specified below.
	(ii)	Business Day Convention:	Modified Following Business Day Convention
	(iii)	Additional Business Centre(s):	Not Applicable
	(iv)	Manner in which the Rate of Interest and Interest Amount is to be determined:	Screen Rate Determination
	(v)	Party responsible for calculating the Rate of Interest and Interest Amount (if not the Principal Paying Agent):	Not Applicable
	(vi)	Screen Rate Determination:
		Reference Rate, Specified Time and Relevant Financial Centre:	Reference Rate: EURIBOR 3 months
			Specified Time: 11.00 a.m.
			Relevant Financial Centre: Brussels
		Interest Determination Date(s):	Two TARGET2 business days prior to the start of each Interest Period
		Relevant Screen Page:	Reuters EURIBOR01, or any successor page
	(vii)	ISDA Determination:	Not Applicable

	Designated Maturity:
	Reset Date: $\overline{a}$
(viii)	$Margin(s)$ :	$+0.55$ per cent. per annum
(ix)	Minimum Rate of Interest:	Not Applicable
(x)	Maximum Rate of Interest:	Not Applicable
$(x_i)$	Day Count Fraction:	Actual/360
	Zero Coupon Note Provisions	Not Applicable

Floating Rate Option:

PROVISIONS RELATING TO REDEMPTION

16.	Issuer Call:	Not Applicable
17.	Investor Put:	Not Applicable
18.	Final Redemption Amount:	EUR 100,000 per Calculation Amount
19.	Early Redemption Amount payable on redemption for taxation reasons or on event of default:	EUR 100,000 per Calculation Amount

GENERAL PROVISIONS APPLICABLE TO THE NOTES

20.	Form of Notes:

15.

$(i)$ Form:

$\overline{a}$

Bearer Notes:

Temporary Bearer Global Note exchangeable for a Permanent Bearer Global Note which is exchangeable for Definitive Notes only upon an Exchange Event

• New Global Note: $(ii)$
• 1. Additional Financial Centre(s):
• 1. Talons for future Coupons to be attached to Definitive Bearer Notes:

Yes

Not Applicable

No

Signed on behalf of ASSA ABLOY AB (publ):

Bv:

Duly authorised Jacob

By: $G_0$ Jo Duly authorised

PART B- OTHER INFORMATION

1. LISTING AND ADMISSION TO TRADING

• Listing and admission to trading: Application is expected to be made by the $(i)$ Issuer (or on its behalf) for the Notes to be admitted to trading on the Regulated Market of the London Stock Exchange and, if relevant, listing on the Official List of the UK Listing Authority with effect from or about the Issue Date
• Estimate of total expenses related GBP 1850 $(ii)$ to admission to trading:

$2.$ RATINGS

Ratings:

The following rating reflects ratings assigned to Notes of this type issued under the Programme generally:

$S & P$ : $A -$

Standard & Poor's Credit Market Services Europe Limited is established in the EEA and registered under Regulation (EU) No "CRA 1060/2009, amended (the as Regulation")

INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE 3.

Save for any fees payable to the Dealer, so far as the Issuer is aware, no person involved in the issue of the Notes has an interest material to the offer. The Dealer and their affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course of business.

4.		YIELD (Fixed Rate Notes only) Indication of yield:	Not Applicable
5.		OPERATIONAL INFORMATION
	(i)	ISIN Code:	XS0984490788
	(ii)	Common Code:	098449078
	(iii)	Any clearing system(s) other than DTC, Euroclear and Clearstream, Luxembourg and the relevant identification number (s):	Not Applicable
	(iv)	Names and addresses of initial Paying Agent(s) (if any):	Citibank, N.A., London Branch Citigroup Centre Canada Square Canary Wharf London E14 5LB

United Kingdom

Not Applicable

$\texttt{addresses}$ $(v)$ $% \left( \left( \mathcal{A},\mathcal{A}\right) \right) =\left( \mathcal{A},\mathcal{A}\right)$ of Names and additional Paying Agent(s) (if any):

DISTRIBUTION 6.

U.S. Selling Restrictions:

Reg. S Compliance Category 2; TEFRA D