AFRY

Regulatory Filings • Mar 10, 2010

1(1)

Press release from ÅF

Free for releasing: 2010-03-10

For further information:

Roberto Gerosa, President, AF Colenco AG	+41 79 445 7190
Eero Auranne, President, Energy Division	+358 40 348 5120
Viktor Svensson, Vice President IR	+46 70 657 20 26

ÅF wins new hydro power consulting contracts

ÅF's Swiss subsidiary AF-Colenco has been awarded an additional contract for the ongoing Nant de Drance pump storage power plant project in Switzerland (the initial contract worth 27 million Euros was announced 23rd of September 2009, see www.afconsult.com).

The new scope of work includes an evaluation of increasing the capacity from 600 MW to 900 MW and related design tasks.

Other projects signed by AF-Colenco where a feasibility study for a hydro power plant in Myanmar – and a similar hydro power contract in India.

These contracts all together are worth over 4 million Euros for ÅF.

Information department 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 4,500 employees. Our base is in Europe, but our business and our clients are found all over the world.