AFRY

Transaction in Own Shares • Nov 10, 2008

1(1)

Press release from ÅF

For immediate release : 10/11/2008

For further information, please contact:

Jonas Ågrup, CFO +46 (0)70-333 04 95 Viktor Svensson, Director, Corporate Information +46 (0)70-657 20 26

ÅF: BUY-BACK OF SHARES IN CONNECTION WITH PERFORMANCE-RELATED SHARE PROGRAMME 2008

At their Annual General Meeting on 23 April 2008, ÅF shareholders gave the Board a mandate to buy back up to 230,000 of the company's class B shares before the 2009 Annual General Meeting.

In a decision based on this mandate, the Board of ÅF AB, today resolved to acquire a maximum of 230,000 class B shares, during the period of 11th of November 2008 until the 5 th of May 2009. The shares will be purchased for cash on the OMX Nordic Exchange in Stockholm at a price that falls within the registered share price range at the time of purchase.

The purpose of the buy-backs is to safeguard the company's obligations with regard to the Performance-Related Share Programme 2008 that was approved by the 2008 AGM.

ÅF does not currently own any of the company's class B shares.

ÅF AB Corporate Information

ÅF 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. We are also a leading name in testing and inspection. Today ÅF has more than 4,000 employees.

Our base is in Europe, but our business and our clients are found all over the world.