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ASSA ABLOY Finalizes The Valli&Valli Acquisition

ASSA ABLOY (PINKSHEETS:ASAZF.PK) In January it was announced that ASSA ABLOY had entered into an agreement to acquire Valli&Valli, a leading Italian manufacturer of design handles.

The acquisition is now finalized and the company will be consolidated from 1 July 2008.

Valli&Valli is based near Milan, Italy. The company employs 170 people and is expected to reach a turnover of more than EUR 30 M in 2008.

For more information, please contact: Johan Molin, President and CEO, tel no: +46 8 506 485 42 Tomas Eliasson, CFO and Executive Vice President, tel no: +46 8 506 485 72

LINK: http://hugin.info/1014/R/1234113/262810.pdf

ASSA ABLOY

http://www.assaabloy.com

ISIN: SE0000255648

Stock Identifier: XOME.ASSAB

US: PINKSHEETS:ASAZF.PK

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