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2014-04-24

Husqvarna AB: Conversion of shares

According to Husqvarna AB's articles of association, owners of Class A
shares have the right to have such shares converted to Class B
shares. Conversion reduces the total number of votes in Husqvarna AB.
When such a conversion has occurred, the company is obligated by the
Act on Trading in Financial Instruments to disclose any such change.

In April 2014, at the request of shareholders, 66,454 Class A shares
were converted to Class B shares. The total number of votes
thereafter amounts to 168,709,835.3.

The total number of registered shares in the company amounts to
576,343,778 shares of which 123,417,175 are Class A shares and
452,926,603 are Class B shares.

For additional information, please contact
Tobias Norrby, Investor Relations Manager, +46 8 738 93 35 or
ir@husqvarnagroup.com

Husqvarna Group
Husqvarna Group is the world's largest producer of outdoor power
products including robotic lawn mowers, garden tractors, chainsaws
and trimmers. The Group is also the European leader in consumer
watering products and one of the world leaders in cutting equipment
and diamond tools for the construction and stone industries. The
Group's products and solutions are sold via dealers and retailers to
both consumers and professional users in more than 100 countries. Net
sales in 2013 amounted to SEK 30 billion, and the Group had 14,000
employees on average in more than 40 countries.

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http://news.cision.com/husqvarna-ab/r/conversion-of-shares,c9573767
http://mb.cision.com/Main/996/9573767/236665.pdf

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