Semcon restructure its business in Denmark

Semcon continues to restructure its business in Denmark As a stage in the ongoing restructuring scheme of the Danish business, Denmark Engineering and Management Consultants A/S has filed for bankruptcy. The bankruptcy is not expected to have a negative impact on the Group's results in Q3. Knud E Hansen A/S, which runs a marine design business, will not be affected by the closedown. For further information, please contact: Hans Johansson, tel: +46 (0)31 721 03 05, mobile: +46 (0)70 591 43 34 Bengt Nilsson, tel: +46 (0)31 721 03 11, mobile: +46 (0)70 447 28 68 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/09/19/20030919BIT00280/wkr0001.doc http://www.waymaker.net/bitonline/2003/09/19/20030919BIT00280/wkr0002.pdf