Stanley Black & Decker Announces All Conditions For Completion Of Its Recommended All-Cash Offer to Acquire Niscayah Have Been Satisfied and the Offer Will Be Completed

Stanley Black & Decker, Inc. (NYSE: SWK) announced today that all of the conditions for completion of its recommended all-cash offer, through a tender offer by its indirect wholly-owned subsidiary SBD Holding AB, to acquire all shares and warrants in Niscayah Group AB, for SEK 18.00 per share and SEK 0.05 per warrant in cash, have been satisfied. Accordingly, SBD Holding has declared the Offer unconditional in all respects and will complete the Offer.

For shareholders and/or warrant holders that have accepted the Offer during the original acceptance period ending September 1, 2011, settlement is expected to commence, as previously communicated, on September 9, 2011.

In order to provide shareholders and/or warrant holders that have not yet submitted their acceptances the opportunity to accept the Offer, SBD Holding extended the acceptance period up to and including September 23, 2011 at 5:00 p.m. CET/ 11:00 a.m. ET. For shareholders and/or warrant holders that accept the Offer during the extended acceptance period settlement is expected to occur on or around September 30, 2011. SBD Holding reserves the right to further extend the acceptance period, as well as the right to postpone the settlement date.