AFRY

Board/Management Information • May 2, 2012

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Press release from ÅF

For further information:

Jonas Wiström, President/CEO +46 70 608 12 20 Viktor Svensson, Executive Vice President, Corporate Information +46 70 657 20 26

Change in management for International North

Eero Auranne will leave his current position as President of ÅF's International North Division no later than on 1 September 2012.

ÅF expects to be able to announce the name of the new President of the International North Division before the summer.

Eero Auranne will be leaving ÅF to take up a position as President of the Finnish company, Empower.

Corporate Information ÅF AB

The ÅF Group is a leader in technical consulting, with expertise founded on more than a century of experience. We offer highly qualified services and solutions for industrial processes, infrastructure projects and the development of products and IT systems. The ÅF Group currently has more than 4,600 employees. Our base is in Europe, but our business and our clients are found all over the world.

ÅF AB (publ), SE-169 99 Stockholm, Sweden. Visitors' address: Frösundaleden 2, Solna Telephone +46 10 505 00 00. Telefax +46 10 505 00 10. Reg'd office: Stockholm. www.afconsult.com Corp. ID no. 556120-6474. VAT no. SE556120647401. SS-EN ISO 9001 and ISO 14001 certified.