CARDO INAUGURATES NEW PLANT IN HUNEDOARA, ROMANIA

CARDO INAUGURATES NEW PLANT IN HUNEDOARA, ROMANIA

Cardo AB today inaugurated a new plant in Hunedoara, Romania, within its Door &
Logistics Solutions division. As a result, it is meeting the market need for
production in Eastern Europe while strengthening its position in the emerging
markets around the Black Sea and in Romania.

“This investment should be seen as helping to achieve our ambition of having the
lowest production costs in the industry,” says Peter Aru, Cardo's President and
CEO. “What's more, there is strong growth in transport, logistics and retail in
the eastern parts of Europe and with this investment in Romania we are
strengthening our position in a strongly growing region.”

Under its Crawford brand, Door & Logistic Solutions offers complete solutions in
the fields of industrial doors, docking systems and service. By establishing the
production plant in Hunedoara, Door & Logistic Solutions is finalizing its
efforts to focus the manufacture of docking solutions at three units: in Spain,
Romania and China. Production in Hunedoara is expected to be in full operation
as of the end of 2007. 

“It feels great to be able to inaugurate a modern plant to which we have also
succeeded in attracting very well qualified employees. This gives us a
competitive production unit, and I am convinced that we will remain strong for
many years to come,” says Peter Aru.

Malmö, Sweden, October 3 2007
Cardo AB (publ)


For further information, please contact: 
Peter Aru, President and CEO, tel +46 40 35 04 53 
Maria Bergving, Senior Vice President Communications and Investor Relations, tel
+46 40 35 04 25, +46 70 602 61 81, maria.bergving@cardo.com

Cardo is an international industrial group with leading brands, offering
solutions with quality products, a high level of service and great applications
know-how to industrial customers. Operations are pursued in the group's
divisions: Door & Logistics Solutions, Wastewater Technology Solutions, Pulp &
Paper Solutions and Residential Garage Doors, which all enjoy strong positions
in their respective markets. The group has approximately 5,900 employees in more
than 30 countries and sales of approximately SEK 9 billion. Corporate
headquarters are located in Malmö, Sweden.