Cardo applies for delisting


Cardo applies for delisting

ASSA ABLOY's public offer for Cardo AB (publ) (”Cardo” or the ”Company”)
was declared unconditional on March 10 2011. ASSA ABLOY controls more
than 90 per cent of the shares in Cardo and has requested compulsory
acquisition in respect of the shares in Cardo that ASSA ABLOY does not
own.

As requested by ASSA ABLOY, the Board of Cardo has resolved to apply for
delisting of the Company's shares from NASDAQ OMX Stockholm (”NASDAQ
OMX”). The last day of trading in the Company's shares on NASDAQ OMX
will be announced as soon as the Company has received confirmation from
NASDAQ OMX.

Malmö, Sweden, March 18 2011

The Board of Cardo AB (publ)

For further information, please contact:
Maria Bergving, SVP Communications & Investor Relations,
tel +46 10 4747 405, +46 70 602 61 81
Thomas Niklasson, Head of Investor & Public Relations,
tel +46 10 4747 459, +46 70 277 99 50

Attachments

03182162.pdf