Notice of Cardo's Annual General Meeting

Notice of Cardo's Annual General Meeting

The annual general meeting of Cardo AB (publ) will be held on Monday,
April 4 2011  at 5.00 p.m. at Palladium, Södergatan 15 in Malmö, Sweden.

An agenda containing the matters that are proposed to be brought before
the annual general meeting can be seen in the official notice to attend
the meeting, which will be published in Post- och Inrikes Tidningar (the
Swedish Official Gazette) on March 4. The notice is attached and is
available as of today on Cardo's website at www.cardo.com. A brief
announcement containing information about the notice of the annual
general meeting will published on March 4 in the Swedish newspapers
Svenska Dagbladet and Sydsvenska Dagbladet.

As stated in the notice, the board of directors recommends to the annual
general meeting that a dividend of SEK 10.00 per share be declared for
the financial year 2010.

The boards of directors' proposals for the annual general meeting
include guidelines for the remuneration of senior executives.

With regard to the public offer that ASSA ABLOY has made to the
shareholders in Cardo, Cardo's nomination committee has let it be known
that its proposal for the annual general meeting 2011 will be presented
on a later occasion, but no later than in connection with the annual
general meeting.

Registration and notification
Shareholders wishing to participate in the annual general meeting must
be recorded in the register of shareholders maintained by Euroclear
Sweden AB as per Tuesday, March 29 2011, and have given notice of their
intention to attend the meeting no later than Tuesday, March 29 2011,
preferably before 4.00 p.m.

Notice of intention to attend the annual general meeting shall be given
in one of the following ways:
- via Cardo's website at www.cardo.com (http://www.cardo.com)
- by telephone on +46 10 4747 452
- by ordinary mail to Cardo AB, AGM, Box 486, SE-201 24 Malmö, Sweden

Detailed information on giving notice of intention to attend the annual
general meeting can be found in the official notice and on the website.

Malmö, Sweden, March 2 2011

Cardo AB (publ)

For further information, please contact:
Maria Bergving, Senior Vice President Communications & Investor
Relations,
tel +46 10 4747 405, +46 70 602 61 81,
maria.bergving@cardo.com (maria.bergving@cardo.com)
Thomas Niklasson, Head of Investor and Public Relations,
tel +46 10 4747 459, +46 70 277 99 50, thomas.niklasson@cardo.com