Financial Information from Cardo

12/9/1998 10:02 AM EST

During 1999, Cardo AB will publish financial reports as follows:

February 18 Year-end report,1998
Late March Annual Report
April 19 Annual General Meeting
May 3 Interim Report, January - March 1999
August 19 Interim Report, January - June 1999
November 2 Interim Report, January - September 1999

Malmö, December 9, 1998
Cardo AB (publ)

For further information, please contact:
Christer Roskvist, Head of Public Relations,
phone +46 40 35 04 25, +46 40 35 04 00

Cardo is an international engineering group with a turnover of approximately
SEK 8 billion in 1997. Cardo holds a strong position in the markets for
industrial doors, residential garage doors, centrifugal pumps and rail-vehicle
brake systems. Cardo has subsidiaries in about 30 countries with the focal
point resting in western Europe, and roughly 7,500 employees. The head office
is in Malmö, Sweden.