Conversion of shares

According to Husqvarna AB´s articles of association, owners of Class A shares
have the right to have such shares converted to Class B shares. Conversion
reduces the total number of votes in Husqvarna AB. When such a conversion has
occurred, the company is obligated by the Act on Trading in Financial
Instruments to disclose any such change.

In April 2012, at the request of
shareholders, 1,183,434 Class A shares were converted to Class B shares. The
total number of votes thereafter amounts to 172,633,359.2.

The total number
of registered shares in the company amounts to 576,343,778 shares of which
127,776,646 are Class A shares and 448,567,132 are Class B shares.
For additional information, please contact
Tobias Norrby, investor relations,
+46 8 738 93 35 or ir@husqvarnagroup.com
Husqvarna Press Hotline at +46 8 738
90 80 or press@husqvarnagroup.com
Husqvarna Group
The Husqvarna Group is the world’s largest producer of outdoor
power products including chainsaws, trimmers, lawn mowers and garden tractors.
The Group is also the European leader in consumer watering products and one of
the world leaders in cutting equipment and diamond tools for the construction
and stone industries. The product offering includes products for both consumers
and professional users. The Group’s products are sold via dealers and retailers
in more than 100 countries. Net sales in 2011 amounted to SEK 30 billion, and
the average number of employees was approximately 15,700.