AFRY

Regulatory Filings • Aug 22, 2011

1(1)

Press release from ÅF

For immediate release 2011-08-22

For further information:

Eero Auranne, President, Energy Division +358 (0)40 3485120 Viktor Svensson, Executive Vice President, Corporate Information +46 (0)70-657 20 26

ÅF wins consulting projects in Vietnam

ÅF has been awarded two contracts to serve as an advisor to the cities of Quy Nhon and Nha Trang in Vietnam. ÅF's task is to support the management of the cities' utilities in the fields of waste management and water treatment. The projects are funded by the World Bank.

In an additional consulting project, ÅF will serve as an advisor to Vietnam's Ministry of Finance. This assignment involves securing the environmental and social compatibility of local infrastructure projects, which will be financed by the Local Development Investment Fund of the World Bank.

The total value of these consulting services for ÅF is more than USD 2 million.

ÅF has an office in Hanoi and has been established in the Vietnamese market for over 15 years. ÅF has implemented over 30 major projects in Vietnam, ranging from large hydropower dams, pulp and paper mills, and coal and gas-fired power plants to urban development and environmental projects.

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. 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.