(openPR) - ASSA ABLOY´s CEO and president Johan Molin has on June 2, 2006 sold 21,900 Class B shares of ASSA ABLOY stock to finance his participation in the convertible-based incentive program ("Incentive 2006") offered to senior executives at ASSA ABLOY. After the transaction Molin owns a total of 500,000 Class B share of ASSA ABLOY stock. In addition, Molin has been allocated shares of Incentive 2006 equivalent to another approximately 210,000 Class B shares of ASSA ABLOY.

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

ASSA ABLOY is the world´s leading manufacturer and supplier of locking solutions, meeting tough end-user demands for safety, security and user friendliness. The Group has some 30,000 employees and annual sales of about EUR 3 billion.

ASSA ABLOY AB (publ)
P.O. Box 70340, SE-107 23 Stockholm
Phone: +46-8-506 485 00
Fax: +46-8-506 485 85

www.assaabloy.com


The announcement distributed by directnews.
The issuer is solely responsible for the content of this announcement.