Semcon — Regulatory Filings 2011

Oct 24, 2011

Press%release%24%October 2011

Semcon%receives%project%to%update%a%complete%car%

Semcon%has%signed%an%order%worth EUR%22 million,%with%an%automotive%manufacturer outside%Europe,%which%includes%updating an%existing%car%with%emphasis%on%safety.

The!project!is!a facelift!with!the emphasis!on!safety,!meaning!that!the!car!will!meet!future! safety!requirements.!The!project!will!begin!immediately!and!run!until!the!end!of!2013. The! project!will!be!led!and!mainly!carried!out!by!Semcon's German!organization,!but!with! support!from!colleagues!in!the!UK and!India.

"It's!gratifying!that!Semcon!has!signed!an!additional order!based!on!our!knowledge!of! developing!complete!cars.!It!also!confirms!the!trend!being!seen!where our!clients!are! choosing to!outsource!increasingly!larger!projects,"!says!Stefan!Ohlsson,!president,!business! area!Automotive!R&D.

The!deal!consolidates!Semcon's!ambition!to!be!a!global!partner and!the!strategy!to!pursue! international!growth!remains!firm.!The!international!activities' growth,!the!number!of! employees,!in!terms!of!active workforce,!is!now the!same in!Sweden!as!abroad. In!Germany, Semcon has!just!over!900!employees, with all!the!major German!vehicle manufacturers!among!its!customers.!Moving!from!individual!assignments!to!a!more!projectR oriented!offer!continues!and in!recent!years!has!generated!several!deals where!Semcon!has! taken!total responsibility!for!the!project.

For%more information%please%contact: Kjell!Nilsson,!CEO,!Semcon!AB,!+46!(0)31 721!03!06 Stefan!Ohlsson,!president, business!area!Automotive!R&D,!+46!(0)736!840 555 Anders!Atterling,!IR!&!PR!manager,!Semcon!AB,!+46!(0)704!472!819!

This'is'information'that'Semcon'AB'is'required'to'publish'in'accordance'with'the'Swedish'Securities'Markets'Act'and/or'the' Swedish'Financial'Trading'Act.'This'information'was'submitted'for'publication'on'24'October,'2011'at'10.30'a.m.'CET.

Semcon'is'a'global'company'active'in'the'areas'of'engineering'services'and'product'information.'The'Group'has'more'than'2,800' employees'with'extensive'experience'from'many'different'industries.'We'develop'technologies,'products,'plants'and'information solutions' along'the'entire'development'chain'and'also'provide'many'services'including'quality'control,'training'and'methodology'development.' Semcon'boosts'customers''sales'and'competitive'strength'by'providing'them'with'innovative'solutions,'design'and'solid'engineering' solutions.'The'Group'had'a sales'of'SEK'2.1'billion'in'2010'and'has'activities'at'more'than'40'sites'in'Sweden,'Germany,'the'UK,'Brazil,' Hungary,'India,'China,'Spain'and'Russia