AFRY

Regulatory Filings • Sep 5, 2008

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Press release from ÅF

For immediate release : 05/09/2008

For further information, please contact:

Per Magnusson, Divisional President	+46 (0)70-676 64 26
Viktor Svensson, Director, Corporate Information	+46 (0)70-657 20 26

ÅF signs major agreement with Ringhals

ÅF has, through its Engineering Division, and in corporation with ES-Konsult, signed a cooperation agreement with the nuclear power plant group, Ringhals AB, with regard to services relating to reactor safety and plant development.

The agreement takes the form of a long-term commitment to build up these specialist services in close liaison with Ringhals.

The cooperation agreement guarantees the utilisation services worth approximately SEK 130-150 million over a five-year period.

"We are proud to have once again secured the confidence of Ringhals in this way. This is a groundbreaking agreement that sees supplier and principal working closely together to build up expertise within a highly specialised sphere," says Per Magnusson, President of ÅF's Engineering Division.

"For ÅF this provides yet more proof of the strong position we have earned for ourselves in providing advanced services for the nuclear power industry. Nuclear power is a sector in which we will continue to expand," Per Magnusson adds.

ÅF is the world's largest independent technical consulting company working in the nuclear power industry. Today ÅF has more than 600 consultants who specialise in nuclear power assignments in the Nordic countries, Europe and Asia.

The Ringhals nuclear power facility produces one fifth of all the electricity that is consumed in Sweden. Ringhals has four reactors and is located some 60 kilometres (about 40 miles) south of Gothenburg in the municipality of Varberg.

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.