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New strategic initiatives at ÅF

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 Jonas Wiström, President & CEO                                +46 70 608 12 20

 Viktor Svensson, Executive Vice President, Corporate          +46 70 657 20 26
 Information



As a result of the acquisitions of Epsilon and of Advansia in Norway, ÅF has
initiated a strategic review of operations that will lead to the following
changes designed to create an even stronger and even clearer ÅF offer to current
and potential clients:

  * Organisational change. The Technology Division will be a market leader in
    the Nordic region in the fields of R&D and IT, while the Industry Division
    will lead the market in process and production development. To draw a
    clearer dividing line between the two divisions' respective operations, a
    small number of units will be transferred (organisationally) between these
    divisions with effect from 1 July. Operations generating revenues of
    approximately SEK 220 million a year will be transferred from Technology to
    Industry, while operations generating approximately SEK 55 million will be
    transferred from Industry to Technology.
  * Key Account Management. ÅF is making a strategic investment in Key Account
    Management (KAM) for the Group. Viktor Svensson is appointed Executive Vice
    President, Sales & Market Communications, with a seat in the Group
    Management team. His task will be to coordinate sales for a number of ÅF's
    major clients. Viktor takes up this new position on 1 September.
  * Full integration of the ÅF Partner Network. Following the acquisition of
    Epsilon, ÅF has access to the Nordic region's largest network of independent
    partners and technical specialists. The network currently comprises some
    16,000 consultants. The Partner Network has been integrated into the
    Technology Division, but will now also be integrated into ÅF's other
    divisions. This is expected to create opportunities for new business and
    growth. Christer Carmevik, the manager responsible for the Partner Network,
    also has a seat in Group Management.

Corporate Information
ÅF AB

The ÅF Group 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. The ÅF Group currently has 7,000 employees. Our base is
in Europe, but our business and our clients are found all over the world.

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