AFRY — M&A Activity 2008

Sep 8, 2008

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Press release from ÅF

For immediate release: 08/09/2008

For further information:

Eero Auranne, President Process Division +46 (0)70-320 09 53 Darius Cicinskas, ÅF Country Manager, Lithuania +370 ⁶⁵⁵ 348 83 Viktor Svensson, Director, Corporate Information +46 (0)70-657 20 26

ÅF continues growth in Lithuania

ÅF has acquired 100% of shares of UAB Termosistem projektai , (TSP) an energy consulting company in Lithuania with 16 employees.

TSP has offices in Kaunas and Vilnius. It has consulting business mainly in the Lithuanian market but some assignments in Byelorussia, as well. The company offers technical and environmental consultancy and services for local and foreign energy, industrial and public sector clients.

ÅF has been active in the Lithuanian energy consulting market for many years and has won most of the power plant projects in the country. The acquisition of TSP strengthens ÅF s position further and makes ÅF as one of the biggest company in the Lithuanian energy and environmental consultancy market, with totally some 25 employees.

Corporate Information ÅF AB

The ÅF Group 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 one of the leading names in testing and inspection. Today the ÅF Group has more than 4,000 employees. Our base is in Europe, but our business and our clients are found all over the world.