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Sweco

Regulatory Filings May 8, 2008

2977_rns_2008-05-08_75281f31-8bcd-43b7-a7a8-e11819e08f56.pdf

Regulatory Filings

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PRESS RELEASE 8 May 2008

Sweco raises standard at Russian pulp and paper mill

In northeastern Russia, the paper and board manufacturer Mondi is launching an ambitious rebuild and modernisation programme at its pulp and paper mill. Sweco has been given responsibility for architecture, structural engineering and construction management. The total contract is worth nearly EUR 5.4 million.

Sweco has been selected to provide services in connection with the modernisation and expansion of a pulp and paper mill in Syktyvkar in northeastern Russia. Sweco's structural engineers will handle the building permit process, preparation of work documents and construction management.

"We have considerable of experience from similar projects in Sweden and abroad and often accompany our Nordic clients in their international projects. In this particular case, we are working directly for a foreign client that is investing over EUR 500 million in the project," says Eric Bergholm, Assignment Manager, Sweco.

One important result of the modernisation is that environmentally hazardous emissions from the mill will be reduced at the same time that quality is raised and production capacity for both pulp and paper is increased. The schedule is tight, with a large share of construction planned for completion during 2008.

Sweco is a provider of international consulting engineering services with combined expertise in engineering, environmental technology and architecture. The Group has annual sales of approximately SEK 4.6 million and 5,400 employees in ten countries. The company has projects currently underway in some 80 countries worldwide. Sweco is a member of the OMX Nordic Exchange Stockholm..

For further information please contact:

Eric Bergholm, Assignment Manager, Sweco, +46 8-692 55 34, [email protected] Rebecka Gunner, PR Officer, SWECO, +46 8-695 66 75, [email protected]

The information contained herein may be subject to the disclosure requirements in the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act.

Phone +46 8 695 60 00 E-mail [email protected] www.sweco.se

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