AFRY — Regulatory Filings 2012

Feb 17, 2012

Press release from ÅF

For further information:

Mikael Fränckel, Sales Manager, Business Area North +46 (0)70-593 69 96 Anna Lindberg, Market Area Manager, Forest Industry +46 (0)70-406 88 90 Viktor Svensson, Executive Vice President, Corporate Information +46 (0)70-657 20 26

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ÅF wins project for Stora Enso

ÅF has signed a contract with Stora Enso to conduct a pre-project prior to the construction of a new bleaching plant at the Skutskär Pulp Mill, and other reconstruction work in connection with related aspects of the process.

The initial order value for ÅF amounts to approx. SEK 6 million.

Most of the work will be carried out by consultants from ÅF's office in nearby Gävle, but additional specialist resources and competence will be called in from other ÅF offices. The work will be integrated with that undertaken by Stora Enso Skutskär's own project organisation.

The project is scheduled for completion by the end of June 2012, after which a formal decision will be taken about future implementation.

ÅF has secured the initial order thanks to its proven ability to offer high levels of competence, its strong local organisation and its reference portfolio of major industrial projects that demonstrate the breadth and depth of the company's expertise in the pulp and paper industry. This new assignment further consolidates ÅF's position as the leading supplier of technical consulting services to the Swedish forest industry.

ÅF AB 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. Today the ÅF Group has more than 4,500 employees. Our base is in Europe, but our business and our clients are found all over the world.