AFRY — Capital/Financing Update 2015

May 5, 2015

Press release from ÅF

For further information:

Stefan Johansson, CFO +46 70 224 24 01

ÅF issues bonds totalling SEK 700 million

Today ÅF has successfully issued senior unsecured bonds totalling SEK 700 million. The bonds with a maturity of 5 years fall due on 12 May 2020. The floating rate coupon is based on three months STIBOR + 115 basis points.

The bonds are intended to be listed at NASDAQ Stockholm.

Handelsbanken Capital Markets and SEB were joint bookrunners for the issue.

Corporate Information ÅF AB

ÅF is an engineering and consulting company for the energy, industrial and infrastructure markets, creating progress for our clients since 1895. By connecting technologies we provide profitable, innovative and sustainable solutions to shape the future and improve people's lives. Building on our strong base in Europe, our business and clients are found all over the world.

ÅF – Innovation by experience