Rümlang (ots)

At today's General Meeting in Zürich, the
shareholders of Kaba Holding AG approved the payment of an unchanged
dividend of CHF 3.00 per share at CHF 10 par as had been proposed by
the Board of Directors of Kaba Holding AG. Chairman of the Board
Rudolf Hauser presided over the General Meeting of Kaba Holding AG
for the first time.

Ulrich Graf, CEO of the Kaba Group, and Gerhard Zeidler were
reelected for terms which end on the date of the General Meeting in
2005. The shareholders then bade farewell to Unican founder Aaron M.
Fish, who retired from the Board of Directors after having reached
the statutory age limit of 70.

Contact:

Kaba Holding AG
8153 Rümlang
Dr. Werner Stadelmann, CFO
Tel. +41/1/818'90'61
Fax +41/1/818'90'52