Kaba Workforce Solutions Announces Revenue Increases Add to Kaba Group Gains

MIRAMAR, Florida--(BUSINESS WIRE)--Kaba Workforce Solutions (Kaba), a North American operating subsidiary of Kaba Holding AG, Switzerland (SWISS: KABN), today announced that in the first half of the 2007/08 financial year Kaba Group showed a 12.9% increase in overall sales as a result of recent and successful marketing and distribution changes. Kaba Workforce Solutions in the USA realized impressive revenue gains thanks to new orders by global companies.

“These results demonstrate that measures such as the new distribution concept, and the increased focus on marketing and the concentration on a few but strong brands are bringing growth and added dynamism to the Group,” explained Rudolf Weber, Chief Executive Officer of Kaba Group.

In the first half of the financial year net sales of Kaba Group increased to CHF 666.5 million. Compared to CHF 590.3 million in the same period last financial, this was a rise of 12.9% or CHF 76.2 million. While organic growth was 7% or CHF 41.2 million, acquisition effects added 5.4% or CHF 31.7 million. This was chiefly the result of the acquisition of Wah Yuet Group and CSS in 2006.

North American, European, Asian, Middle Eastern and African segments saw an increase in performance throughout. Access + Data Systems, which has included Data Collection since July 2006, recorded the strongest growth increasing its net sales 19.2% to CHF 380.5 million, whereof the newly consolidated companies contributed 10.6%. The EBIT margin rose from 18.3% to 19.8%, which sets the industry benchmark. In Asia Pacific, net sales saw an increase of 32.7% to CHF 65.0 million. Around two-thirds of this resulted from the first-time consolidation of the Wah Yuet Group.

In the United States, Kaba Workforce Solutions, the company’s Workforce Management (WFM) businesses, reported significant increases in net new orders by global companies including Kaman Aerospace, Fairbanks Morse Engine, Energy Absorption Corporation, among others. Kaba Workforce Solutions has also successfully undergone corporate infrastructure changes to accommodate the growth and to position itself for anticipated escalations in sales.

“High customer satisfaction with an emphasis on product innovation is the centerpiece of our strategy,” stated Mike Segmueller, Senior Vice President. “Our best-in-class technologies combined with our mission and ability to provide the highest level of servicing for our customers, puts Kaba Workforce Solutions at the apex of our industry.”

Note: To access Kaba Holding AG’s complete financial report go to: http://www.kaba.com/Investor-Relations/Financial-publications/Interim- Report/14432_14432/interim-report.html. (Due to the length of this URL, it may be necessary to copy and paste it into your Internet browser’s URL address field. You may also need to remove an extra space in the URL if one exists.)

About Kaba Group

The Kaba Group is one of the world’s leading players in the security industry. An internationally active, listed company, it employs around 9,000 staff in more than 60 countries. Kaba provides innovative, comprehensive access control solutions for buildings, facilities and sites as well as solutions for staff and enterprise data collection which meet client’s needs for security, organization and convenience. The company is a key expert and technology leader for a range of security solutions. Kaba can look back on more than 145 years of tradition. Further information may be obtained at www.kaba.com.

About Kaba Workforce Solutions

Kaba Benzing America, Inc. DBA Kaba Workforce Solutions is a wholly-owned operating subsidiary of publicly listed Kaba Holding AG, Switzerland (SWISS: KABN), a global provider of enterprise workforce management and access control solutions with a focus on time and attendance, workforce scheduling, data visualization and analytics, regulatory compliance, employee self-service and fixed / mobile data collection solutions for SAP, Microsoft Dynamics, Oracle / PeopleSoft, Cincom Manufacturing Business Solutions and other leading enterprise-class business systems. Clients include such industry leaders as Kraft Foods North America, Schneider Electric, BMW, General Electric and Goodrich Corporation, amongst others. Kaba may be contacted in North America at (954) 416-1720 or at www.kaba-benzing-usa.com.

This communication contains certain forward-looking statements including statements using the words “believes,” “assumes,” “expects” or formulations of a similar kind. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which could lead to substantial differences between the actual future results, the financial situation, the development or performance of the Company and those either expressed or implied by such statements. Such factors include, among other things: competition from other companies, the effects and risks of new technologies, the Company’s continuing

capital requirements, financing costs, delays in the integration of acquisitions, changes in the operating expenses, the Company’s ability to recruit and retain qualified employees, unfavorable changes to the applicable tax laws, and other factors identified in this communication. In view of these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Company accepts no obligation to continue to report or update such forward-looking statements or adjust them to future events or developments.