SOURCE: ASSA ABLOY

May 19, 2006 02:56 ET

New Management for ASSA ABLOY's division Asia Pacific

STOCKHOLM, SWEDEN -- (MARKET WIRE) -- May 19, 2006 --

Geoff Norcott leaves his position as President of ASSA ABLOY's Asia Pacific division.

Åke Sund, Head of Market and Business Development will take over the responsibility for Asia Pacific on an interim basis until a permanent successor has been appointed. The change is effective immediately.

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

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