Sweco

Regulatory Filings • Jan 8, 2008

PRESS RELEASE

8 January 2008

SWECO to design new CHP plant in Hungary

SWECO's industrial consultants have been awarded a major contract in connection with the building of a new CHP plant in Hungary, SWECO has been given total responsibility for engineering and design of the facility.

The assignment is being carried out on behalf of the Hungarian paper producer W. Hamburger Papirgyarto and will employ around 40 consultants from SWECO for one year.

The services will be provided under a so-called EPCM contract that gives SWECO's consultants total responsibility for all engineering and design related to the plant, from project management and design to mechanical engineering, piping systems and automation.

The CHP plant will be built in the city of Dunaújváros in central Hungary. The plant will produce 50 megawatts of electricity and 160 megawatts process steam to the nearby paper and pulp mills. The facility is scheduled for completion in 2010.

EPCM stands for Engineering, Procurement and Construction Management, a type of assignment SWECO has performed on several previous occasions. The most recent EPCM contract was signed in November 2007 for a new biofuel-fired CHP plant in Finland.

SWECO is the Nordic region's leading provider of consulting services with combined expertise in engineering, environmental technology and architecture. SWECO has around 4,900 employees in ten countries and recorded annual sales of around SEK 3.9 billion in 2006. The company has projects currently underway in some 75 countries worldwide. The SWECO share is quoted on the Stockholm Stock Exchange. SWECO is a member of OMX Nordic Exchange in Stockholm. For additional information contact:

Tapani Bastman, Vice President, Energy and Pulp & Paper unit in SWECO Industry +358 40 577 8122, tapani.bastman@sweco.fi

Rebecka Gunner, PR Officer, SWECO, +46 734-12 66 75, rebecka.gunner@sweco.se

SWECO may be required to disclose the information provided herein pursuant to the Securities Markets Act.