Studsvik — Board/Management Information 2012

Oct 11, 2012

October 11, 2012

Studsvik's CEO Anders Jackson will leave the company at a time to be decided later

Studsvik's CEO Anders Jackson announced today that he is leaving the company at a time to be decided later. The decision was made in full agreement with the Board.

"Studsvik will continue its focus on short to mid term actions to improve earnings and cash flow, while long term strategic goals will also be on the agenda. The discussions have, however, led Anders to the conclusion that he is not the best person to lead the group long term, and he has decided to leave Studsvik. He has contributed in a professional way to Studsvik's development during his time as CEO and we wish him all the best in his future career. He will continue to lead Studsvik until a successor has been appointed," says Chairman of the Board, Anders Ullberg.

"We are in full agreement on priorities for near term focus and operation, and I remain fully committed to leading the Group until a successor is found," says Anders Jackson.

For further information please contact:

Anders Ullberg, Chairman of Studsvik AB, +46 70 632 63 71

Facts about Studsvik

Studsvik offers a range of advanced technical services to the international nuclear power industry in such areas as waste treatment, decommissioning, engineering & services, and operating efficiency. The company has 60 years experience of nuclear technology and radiological services. Studsvik is a leading supplier on a rapidly expanding market. The business is conducted through five segments: Sweden, United Kingdom, Germany, USA and Global Services. Studsvik has 1,100 employees in 7 countries and the company's shares are listed on the NASDAQ OMX Stockholm.

Studsvik is publishing this information pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The Information was released for public disclosure on October 11, 2012 at 08:00 AM CET.

www.studsvik.com