Studsvik — Regulatory Filings 2009

Apr 3, 2009

April 3, 2009

Studsvik signs Memorandum of Understanding to transfer transport logistics to R&R Trucking

Studsvik signed a Memorandum of Understanding to transfer itsU.S. logistics operations to R&R Trucking in an agreement that broadens Studsvik's access to first class transportation services for its waste customers.

R&R Trucking will manage and operate Studsvik's vehicle fleet that is designed for the transportation of radioactive materials. Under the agreement, R&R Trucking also assumes the leases on Studsvik's 20 vehicles.

The deal positions R&R Trucking as the largest provider of nuclear logistics in the USA. By coordinating the transport operations of both companies, R&R Trucking will be able to achieve a higher efficiency in the combined fleet and to provide augmented services to Studsvik customers.

"This agreement allows Studsvik to continue providing our customers with first class, cost efficient logistic services to support our core business in waste treatment and management," says Magnus Groth, President and CEO of Studsvik Group.

"This is a text book example of a "Strategic Alliance", we could not be more thrilled", says Jeff Herr, President and CEO of R&R Trucking.

Studsvik's logistics operations has, despite extensive measures taken, continued to report losses. During the first quarter the unit also incurred a credit loss of USD 1.2 million (SEK 10.2 million).

R&R Trucking is North America's premier,specialized carrier which offers comprehensive transportation solutions for all types of radioactive and other hazardous materials for the United States Department of Energy, United States Department of Defense and other government and commercial entities.

For further information, please contact: Magnus Groth, President and CEO, Studsvik Group, tel +46 155 22 10 86 or cell +46 709 67 70 86 Lewis Johnson, President of Studsvik Inc., tel + 1 404 497 4911 or cell + 1 678 549 8958

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 1,200 employees in 8 countries and the company's shares are listed on the NASDAQ OMX Stockholm.