ÅF signs major agreement with Ringhals

For further information, please contact:
Per Magnusson, Divisional President +46 (0)70-676 64 26
Viktor Svensson, Director, Corporate Information +46 (0)70-657 20 26


ÅF has, through its Engineering Division, and in corporation with
ES-Konsult, signed a cooperation agreement with the nuclear power
plant group, Ringhals AB, with regard to services relating to reactor
safety and plant development.

The agreement takes the form of a long-term commitment to build up
these specialist services in close liaison with Ringhals.

The cooperation agreement guarantees the utilisation services worth
approximately SEK 130-150 million over a five-year period."We are proud to have once again secured the confidence of Ringhals
in this way. This is a groundbreaking agreement that sees supplier
and principal working closely together to build up expertise within a
highly specialised sphere," says Per Magnusson, President of ÅF's
Engineering Division."For ÅF this provides yet more proof of the strong position we have
earned for ourselves in providing advanced services for the nuclear
power industry. Nuclear power is a sector in which we will continue
to expand," Per Magnusson adds.

ÅF is the world's largest independent technical consulting company
working in the nuclear power industry. Today ÅF has more than 600
consultants who specialise in nuclear power assignments in the Nordic
countries, Europe and Asia.

The Ringhals nuclear power facility produces one fifth of all the
electricity that is consumed in Sweden. Ringhals has four reactors
and is located some 60 kilometres (about 40 miles) south of
Gothenburg in the municipality of Varberg.

ÅF AB
Corporate Information

ÅF is a leader in technical consulting, with expertise founded on
more than a century of experience.
We offer highly qualified services and solutions for industrial
processes, infrastructure projects and the development of products
and IT systems. We are also a leading name in testing and inspection.
Today ÅF has more than 4,000 employees. Our base is in Europe, but
our business and our clients are found all over the world.