Acando - new name on the Stock Exchange

On this day, Tuesday 23 May, trading starts in the Acando AB (publ) shares on the O list of OMX Stockholm Stock Exchange. The group is formed through the merger of the quoted companies AcandoFrontec and Resco. The name of the new group has been changed to Acando AB (publ) which will replace AcandoFrontec AB (publ) on the stock exchange list. The share is trading under the ticker code ACAN B. Acando is an international consultancy company active within business development, ERP systems and IT. In partnership with its clients, Acando identifies and implements performance improvements using information technology. Acando’s turnover exceeds SEK one billion and the group employs approximately 1,000 persons in seven European countries. For more information, please contact Kjell Jacobsson, Executive Vice President tel. +46-(0) 8 699 74 51 Per Killiner, CFO tel. +46-(0) 8 699 74 06 www.acando.com