ÅF signs cooperation agreement with Siemens

ÅF signs cooperation agreement with Siemens - confirms the Group's strong standing in the nuclear power industry The ÅF Group has signed an agreement with the Siemens Power Generation Group concerning cooperation in the nuclear power industry. The two parties will work together on modernisation projects and providing other services for players in the nuclear power industry, primarily for Sweden's nuclear power plants. Siemens Power Generation Group (KWU) is currently working hard to make inroads into the nuclear power industry in Sweden, and has chosen to work together with the ÅF Group to this end. "Our aim is to become a leading supplier to the Swedish nuclear power industry," says Reiner Druschel, Sales Director at Siemens. "In the ÅF Group we have found a partner with an impressive knowledge of the industry and unique experience of working with nuclear power plants." The ÅF Group has extensive experience in the energy sector and has been involved in a number of major projects for all the Swedish nuclear power plants. The ÅF Group is Sweden's leading independent energy consulting company and the agreement with Siemens once again confirms the Group's strong position in the market. Siemens Power Generation Group (KWU) is one of the world's leading suppliers of nuclear power technology. Its extensive knowledge of the nuclear power sector extends to new fuels, modernisation projects and rebuilds, service and maintenance as well as analytical and investigative assignments. AB Ångpanneföreningen Corporate Information For further information Arne Kjellberg, Manager ÅF Group subsidiaries,+46(0)8-657 11 37 Kaj Sandart, Director, Corporate Information +46-(0)8 657 11 85 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/20/20000620BIT00870/bit0001.doc http://www.bit.se/bitonline/2000/06/20/20000620BIT00870/bit0002.pdf