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Studsvik AB (publ) Interim Report, January-September 2002

Studsvik AB (publ) - Interim Report, January-September 2002 *Studsvik's net sales increased by 13 per cent to SEK 743.2 million (656.4). *The result before tax improved considerably during the third quarter to SEK 10.3 million (-35.0). In total, the result for the period amounted to SEK -13.0 million (-99.1). *Production in the Erwin facility continues to increase. The dismantling and decommissioning business in Germany is showing growth. Net Sales During the third quarter, net sales amounted to SEK 250.5 million (247.9) and, for the period of January-September, amounted to SEK 743.2

Studsvik AB (publ) - Interim Report, January-June 2002

Studsvik AB (publ) - Interim Report, January-June 2002 * Studsvik's net sales increased by 21 per cent to SEK 492.7 million (408.5). * The result before tax improved considerably during the second quarter to SEK -3.7 million (-28.0). In total, the result for the period amounted to SEK -23.3 million (-64.1). * Together with Washington Group Inc., Studsvik has formed a company to treat federal nuclear waste in the USA. * Production in the Erwin facility increased during the second quarter by 30 per cent compared with the first quarter. During the last two months of the period, the business

Invitation to a telephone conference concerning Studsvik's formation of a jointly owned company for processing federal n

Invitation to a telephone conference concerning Studsvik's formation of a jointly owned company for processing federal nuclear waste in the USA Studsvik AB is forming a company in the USA together with Washington Group International Inc. for processing federal nuclear waste in the so- called DOE market. Through the new company Studsvik will gain access to the market for so- called federal waste, which according to official estimates has a total value of 150 - 300 billion dollars over a 20 - 30 year period. The turnover in the new company is expected to be 100 million dollars within a three

Studsvik is forming a jointly owned company for processing federal nuclear waste in the USA

Studsvik is forming a jointly owned company for processing federal nuclear waste in the USA Studsvik AB is forming a company in the USA together with Washington Group International Inc. (WGI) for processing federal nuclear waste on behalf of the US Department of Energy. WGI has a long-standing business relationship with the US Department of Energy, with contracts extending over several years for managing federal nuclear waste at large government facilities such as Hanford, Savannah River and Waste Isolation Pilot Plant (WIPP). The new company, THOR Treatment TechnologiesSM, will be owned by

Preliminary data show good results at Studsvik's BNCT clinic

Preliminary data show good results at Studsvik's BNCT clinic 14 patients with malignant glioma brain tumours have now completed the 6 month check-up after treatment at the Studsvik BNCT clinic. Preliminary data show that the objective of stopping tumour growth for a six-month period for a significant fraction of the patients has been achieved. The outcome as regards prolonged survival cannot yet be evaluated due to the still too short follow-up time. Altogether 28 patients have now been treated at Studsvik's BNCT clinic for irradiation of tumours at the R2-0 reactor, 23 of whom are part of

Studsvik AB (publ) - Interim Report, January - March 2002

Studsvik AB (publ) - Interim Report, January-March 2002 · Studsvik are in final negotiations for a co-operation in the DOE market. · Net sales for the Group increased by 24 per cent to SEK 243.6 million (196,9). · The result before tax amounted to SEK -19.6 million (-36.2). · SEK -25.7 million (-10.5) in non-recurring items were charged to the result. · The result per share after tax amounted to SEK -2.62 (-7.04) · At March 31, 2002, the equity per share amounted to SEK 63.37 (81.11). Net Sales During the first quarter, net sales amounted to SEK 243.6 million (196.9). All of the SBUs

Studsvik negotiates co-operation in the DOE market

Studsvik negotiates co-operation in the DOE market Studsvik AB and a major American company are in the final phase of negotiating a co-operation to utilize Studsvik's THOR technology on waste materials which are in the possession of the U.S. Government including U.S. Department of Energy (DOE). Studsvik is already, through it's Erwin facility, established in the U.S. market for treatment of radioactive waste from commercial nuclear power plants. For further information please contact: Hans-Bertil Håkansson, President and Chief Executive Officer, phone +46 155 22 10 26 or +46 709 67 70 26 ---

SSI Lifts Temporary Ban on Isotope Transportation from Studsvik

SSI Lifts Temporary Ban on Isotope Transportation from Studsvik On February 27, the Swedish Radiation Protection Authority (SSI) decided to lift the temporary ban on the transportation of radioactive substances from Studsvik Nuclear AB's Isotope Service. The decision was made once Studsvik complied with SSI's requirements. For transportation involving the radiation source Iridium-192, SSI will make a decision in each individual case. SSI will continue to examine material requested from Studsvik and will re-evaluate the decision no later than by April 26, 2002. "We have reacted quickly and

Studsvik AB (publ) - Press Release, January - December 2001

Studsvik AB (publ) - Press Release, January-December 2001 · Net sales for the Group increased by 7.8 per cent to SEK 882.7 million (818.8). · The result before tax amounted to SEK -132.4 million (43.4). · SEK -76.8 million (96.9) in non-recurring items were charged to the result. · The result per share after tax amounted to SEK -17.86 (-0.05) · At December 31, 2001, the equity per share amounted to SEK 67.98 (61.73). · In March 2001, SEK 320.5 million in capital was injected into Studsvik through a directed new share issue in combination with an unconditional shareholder's contribution. ·

Continued review of routines for shipment of radioactive isotopes

Continued review of routines for shipment of radioactive isotopes As announced earlier, a shipment from Studsvik containing Iridium-192 displayed an increased level of radiation when measured by the recipient in New Orleans, Louisiana, in the US. The container has now been opened in the presence of Studsvik's personnel and inspectors from the Swedish Radiation Protection Institute. The inspection of the container revealed that two of the three inner containers with Iridium-192 were open and the radiation was therefore able to penetrate the outer container's radiation shielding. Inspection

Increased levels of radiation of a radioisotope shipment from Studsvik

Increased levels of radiation of a radioisotope shipment from Studsvik Measurements of a shipment containing radioisotopes displayed increased levels of radiation on arrival at the final destination in New Orleans, USA. The radioisotope in question is Iridium-192, used for industrial purposes. The package containing the radioisotopes left Studsvik on the 27th December 2001, by means of automobile and air, intact and in an approved transport container. Prior to departure from Studsvik, the package was measured and displayed normal levels of radiation. The present information indicates that

Studsvik signs disposal agreement with EnviroCare

Studsvik signs disposal agreement with EnviroCare Studsvik has signed a disposal agreement with Envirocare of Utah Inc., the owner and operator of the disposal site for radioactive waste in Utah. The agreement enables Studsvik to dispose of the process residue from its radioactive waste processing facility in Erwin, TN at competitive prices. For further information please contact: Hans-Bertil Håkansson, President and Chief Executive Officer, phone +46 155 22 10 26 or Jerry Ericsson, Chief Financial Officer, phone +46 155 22 10 32 Facts about Studsvik Studsvik is a high-tech company,

Interim Report January-September 2001

Studsvik AB (publ) - Interim Report January-September 2001 · Hans-Bertil Håkansson to take over as Chief Executive Officer and President on December 1, 2001. · The result after net financial items for the third quarter amounted to SEK -35.0 million (-23.3) and for the period of January- September, SEK -99.1 million (79.8). A material amount of non-recurring items was also reported in the third quarter, SEK -30.5 million, amounting to SEK -62.1 million for the period of January-September. · The production capacity of the Erwin facility is now in line with the original plan. However, the

Studsvik signs contract in the US Government waste market sector

Studsvik signs contract in the US Government waste market sector Studsvik has recently secured a contract from a major US construction company valued at USD 0.6 million to demonstrate the ability of the THOR technology to procerss various government owned waste streams. The deomnstration is anticipated to be completed during the second quarter of 2002. "After successful depolyment of Studsvik's patented THOR technology in the US commercial power reactor waste market, it is Studsvik's plan to extend its operations into the general US government waste market sector. This market is estimated

New President of Studsvik AB

New President of Studsvik AB The Board of Studsvik AB has appointed Hans-Bertil Håkansson (50) President and Chief Executive Officer of Studsvik AB. He will assume this position on December 1, 2001. Hans-Bertil Håkansson is currently the President of Gadelius, Japan. The Chairman of Studsvik's Board, Åke Wester says: "In addition to genuine commercial experience from leading positions, Hans-Bertil has a solid technical background, a doctorate in nuclear physics, which will be of great benefit to Studsvik in view of the forthcoming stage of the company's development." Studsvik's current

Interim report, january - june 2001

Studsvik AB - Interim Report, January - June 2001 * Studsvik was listed on Stockholmsbörsen's (Stockholm stock exchange) O list on May 4. * In March 2001, SEK 320.5 million was injected into Studsvik through a directed share issue in combination with an unconditional shareholders' contribution. * The result after net financial items for the second quarter was SEK -28.0 million (84.9) and, for the period of January-June, SEK -64.1 million (103.0). Non-recurring items have had a material impact on the result for the second quarter. * Technical adjustments continued to be made to the Erwin

Studsvik acquires decommissioning business in Germany

Studsvik acquires decommissioning business in Germany On July 1, 2001, Studsvik, through its subsidiary SINA Industriservice GmbH Co.KG, a part of the Industrial Services Strategic Business Unit, will be acquiring the operations of Baumann Nuklear-Service GmbH. The turnover of the operations in 2001 is expected to be about SEK 25 million. Through the acquisition Studsvik will increase its market share in decommissioning in Germany. The acquisition will have a positive impact on Studsvik's earnings already in 2001. Baumann, with its operations in Hanau, outside Frankfurt, employs about 45

Studsvik is launching a sweeping programme of change

Studsvik is launching a sweeping programme of change Studsvik, which is a high-tech company in the forefront of nuclear competence and technology, has decided to implement a programme of change. The aim is to achieve drastic improvements in profitability through better focusing and reduced costs. The work of change has already been started in the business unit Studsvik Nuclear AB. A review was made of structure, organization and manning during the spring. This resulted in a programme of change to be implemented over a two-year period, as soon as negotiations under the Act on Co-

Production stoppage at Studsvik's Erwin facility

Production stoppage at Studsvik's Erwin facility On Friday 12 May there was a minor leakage in one of the process systems at Studsvik's facility in Erwin, USA. All the safety systems at the facility functioned as planned when this occurred. No-one was harmed as a result of the leakage and there was no radioactive release to the environment. The facility will be shut down for about four weeks for repairs before production can be resumed. During this period other maintenance work that was planned for later will also be carried out. The Erwin facility is designed to use volume reduction to

Studsvik listed on the OM Stockholm Exchange

Studsvik listed on the OM Stockholm Exchange Friday, 4 May is the first day of trading in shares in Studsvik AB. The share is listed on the O list under other shares with the code SVIK. Studsvik is a high-technology company holding a leading position in nuclear technology. Studsvik develops and markets products and services that help to solve its customers' environmental, safety and quality problems in connection with utilisation primarily of nuclear technology, but also other industrial processes. The operations are run mainly at the company's nuclear reactors and facilities for waste

Interim Report, January-March 2001

Studsvik AB - Interim Report, January-March 2001 · On April 19, Atle's General Meeting of Shareholders decided to distribute Studsvik's shares to the shareholders. · Studsvik to be listed on Stockholmsbörsen's (Stockholm stock exchange) O list on May 4, 2001. · Net sales increased by 5 per cent to SEK 196.9 million (183.1). · The result before amortization of goodwill, less non-recurring items including legal fees in the USA, amounted to SEK -17.3 million (0.7). The business in Erwin, with a result of SEK -20.0 million (4.3) is included. · The first patients were treated at the BNCT

Studsvik Distributes Listing Particulars for IPO

Studsvik Distributes Listing Particulars for IPO Studsvik's initial public offering (IPO) on OM Stockholm Exchange is planned for May 4, 2001, providing that Atle's General Meeting of Shareholders decides to distribute Studsvik's shares on April 19, 2001. Studsvik is a high-tech company with a leading position in nuclear technology. The Group has 1,200 employees and, in 2001, reported net sales of just over SEK 800 million. Studsvik has customers all over the world. Customers mainly comprise nuclear power plants and nuclear fuel vendors as well as pharmaceutical companies and companies in

Studsvik receives capital contribution from the present owners

Studsvik receives capital contribution from the present owners Studsvik have received a capital contribution with account date of March 30th, both as unconditional shareholder contribution and issuing of new shares, of total SEK 320,5 million, of which the principal owner Atle have contributed with SEK 275 million. After the capital contribution Atle's ownership holding in Studsvik is 67,2 %. For further information, contact: Jerry Ericsson, Chief Financial Officer, Studsvik AB, +46-155-22 10 32 or +46-709-677 032 Thomas Backteman, Senior Vice President, Communications and Investor

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