Rejlers takes over consulting and service business from TeliaSonera

(REJL B)

Rejlers' subsidiary in Norway, Rejlers AS, has signed a three-year contract with TeliaSonera Norway AS, to take over consulting and service business for mobile phones. The group includes less than 40 employees that will become part of Rejlers AS from 1 May 2012. The value is initially at approximately NOK 60 million.

After this reinforcement, Rejlers AS will have approximately 60 employees in Norway, mainly in the telecom area. Another major order for Rejlers AS is the monitoring responsibilities for Nødnett.

Through recruiting new staff and implementing strategic takeovers we will reach our objective to employ at least 2,015 employees and have a turnover of at least SEK 2,015 million by 2015.

For further information:
Peter Rejler, President and CEO, +46 70 602 34 24
Lars Solin, CFO, +46 73 386 15 20
www.rejlers.com

Rejlers is a Nordic expertise group within electro-technology, energy, mechanics, automation, electronics, IT and telecommunications. Rejlers' shares are listed on the NASDAQ OMX Stock Exchange.

Rejlers discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 12.00 on 15 Mars 2011.

About Us

Rejlers is one of the largest engineering consultancy firms in the Nordic region. Our 1,800 experts work with projects within the areas of Building and property, Energy, Industry and Infrastructure. With us, you will meet specialist engineers with the breadth, cutting edge expertise and not least energy to create the results you want. We are continuing to grow rapidly and our activities are spread across 80 locations in Sweden, Finland and Norway. In 2014, Rejlers had revenue of SEK 1.7 billion and its Class B share is listed on Nasdaq Stockholm.

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