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M&A Activity Feb 19, 2008

2875_rns_2008-02-19_1ad43636-30f8-460e-9a00-191111fb5cc0.pdf

M&A Activity

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Press release from ÅF

For immediate release: 19/02/2008

For further information:

Mats Nilsson, Business Area Manager +46 (0)76-112 01 41
Viktor Svensson,
Director, Corporate Information +46 (0)70-657 20 26

ÅF acquires Proplate IT

ÅF has, via its Systems Division, acquired the consulting company Proplate IT, which has 22 employees in three locations in central Sweden (Karlskoga, Örebro and Karlstad).

Proplate IT is a well-established consulting company that offers qualified IT consulting services to industrial clients in Sweden. Its major client is Outukompu.

Proplate IT in Karlstad is also a leading supplier of services for the Microsoft AX business system.

This acquisition strengthens the Systems Division's position as one of the leading IT consulting companies in central Sweden, and one which can now call on the services of a total of almost 100 employees in the region.

AB Ångpanneföreningen Corporate Information

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 almost 4,000 employees. Our base is in Europe, but our business and our clients are found all over the world.

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