Studsvik — Regulatory Filings 2011

Nov 8, 2011

November 8, 2011

Studsvik signs contract in China worth 900 kUSD

Studsvik has through its subsidiary Studsvik Scandpower signed an agreement with the Chinese institute CIAE (China Institute of Atomic Energy) on software sales for a value around USD 900,000. The sale is Studsvik's first major sale in the fast growing Chinese Market, where appr. 65 reactors are anticipated to be built the coming 20 years.

"It is very encouraging that Studsvik now is breaking in to the fast growing and strategically important Chinese market. Through this agreement we establish a platform for growth in China, for both software as well as material technology", says Thomas Smed, President of Studsvik Scandpower.

CIAE is CNNC:s (China National Nuclear Corporation) main research organization and one of Chinas largest actors in the Nuclear field with over 3,000 employees.

For further information please contact: Thomas Smed, CEO, Studsvik Scandpower, +46 760 02 10 11 or Jerry Ericsson, Acting CEO, Studsvik AB, +46 760 02 10 32

Facts

Studsvik Scandpower, a subsidiary of Studsvik AB, is the global leader in the development and support of fuel vendor-independent reactor analysis software. Studsvik Scandpower offers a full suite of licensing-grade software and engineering services to meet the needs of operating utilities, fuel vendors, safety authorities, and research organisations. The Studsvik CMS suite offers a full lifecycle solution, meeting all core analysis requirements such as fuel and loading pattern design, transient analysis, reactivity management & core monitoring, training simulator core modelling and back-end (storage and cask) analysis.

The China Institute of Atomic Energy (CIAE) is a multidisciplinary institute in the field of nuclear science and technology under the leadership of the China National Nuclear Corporation (CNNC) and the Chinese Academy of Sciences (CAS) and is the primary nuclear power reactor research and development institution in China. CIAE has approximately 4,200 employees within research and production.

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.

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 November 8, 2011 at 09:00 AM CET.

www.studsvik.com