Gunnebo Year-end release 2004


STOCKHOLM, Sweden, Feb. 3, 2005 (PRIMEZONE) --

FOURTH QUARTER 2004


 --  Invoiced sales rose by 7 per cent to MSEK 1,986 (1,857); organic
     growth was 1 per cent.

 --  The result after financial items and before items affecting
     comparability was a profit of MSEK 137 (134).

 --  Items affecting comparability reduced the profit by MSEK 112. The
     result after net financial items and these items was a profit of
     MSEK 25 (134).

 --  The profit after tax amounted to MSEK 107 (105) before items
     affecting comparability and to MSEK 17 (105) after.

 --  Earnings per share amounted to SEK 2.40 (2.40) before items
     affecting comparability and to SEK 0.35 (2.40) after.

FINANCIAL YEAR 2004


 --  Invoiced sales rose by 5 per cent to MSEK 7,326 (6,961); organic
     growth was 1 per cent.

 --  The result after financial items and before items affecting
     comparability was a profit of MSEK 337 (341). Currency effects
     reduced the profit by MSEK 21 and higher steel prices lowered it
     by some MSEK 15. Including the above items of MSEK 112 affecting
     comparability the profit after financial items amounted to MSEK
     225 (341).

 --  The profit after tax amounted to MSEK 250 (260) before items
     affecting comparability and to MSEK 160 (260) after.

 --  Earnings per share amounted to SEK 5.65 (5.95) before items
     affecting comparability and to SEK 3.60 (5.95) after.

DIVIDEND PROPOSAL


 --  It is proposed to pay a dividend of SEK 2.25 (2.25). It is also
     proposed to distribute the shares in Gunnebo Industrier and have
     them listed separately on Stockholmsborsen's "O" list.

FORECAST FOR 2005

-- The business prospects for 2005 are bright.

GUNNEBO AB (publ)

For further information please contact: Bjarne Holmqvist, President and CEO, tel: +46-31-83 68 00 mobile: +46-708-40 03 70 or Lennart Gustavsson, CFO, tel: +46-31-83 68 00 mobile: +46-705-93 40 80 or Janerik Dimming, Director of information, tel: +46-31-83 68 03 mobile: +46-705-83 68 03, e-mail: janerik.dimming@gunnebo.se

www.gunnebo.se

Gunnebo is an international fast growing security group with 110 companies located in 32 countries. The Group has sales to a further hundred markets via agents and distributors. Annual turnover amounts to some MEUR 840. Gunnebo's security products mainly include fire and burglar resistant safes, security products for banks and cash handling, electronic security systems, fire protection, entrance control and access control, alarm centres and indoor and outdoor perimeter protection. Gunnebo has at its disposal some of the world's leading brand names in security: Chubbsafes, Fichet-Bauche, Rosengrens, Ritzenthaler, Garny, Leicher, Elkosta and Troax. Gunnebo Engineering holds market leading positions in lifting- and fastening systems.

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