Studsvik signs agreement on sale of French subsidiary

Studsvik has signed an agreement to sell its French subsidiary Studsvik SAS. The buyer is HPS Nuclear Services.

Studsvik will sell the French subsidiary Studsvik SAS to HPS Nuclear Services SARL. The transaction will reduce the Group’s earnings by SEK 7 million in 2012. The effect on earnings and cash flow in Studsvik's operations in 2013 compared with 2012 is expected to be positive and be about SEK 6 million.

HPS Services Nuclear SARL is under the control of one of the senior management executives of Studsvik SAS, Mr Thierry Hoffmann. Consequently, the buyer can only take possession of the shares after the agreement has been approved by the general meeting of Studsvik AB. The Board of Directors intends to call an extraordinary general meeting as soon as possible.

Studsvik will continue to have local representation in France in the form of a sales company that is to support the Group segments’ business in the French market. The head of the French sales company will be Helène Deniau, currently President of Studsvik SAS.

For further information please contact:

Anders Jackson, Chief Executive Officer, Studsvik AB, +46 155 22 10 82 or +46 760 02 10 82.

Facts about Studsvik

Studsvik offers a range of advanced technical services to the international nuclear power industry in waste treatment, decommissioning, engineering and services, and operating efficiency. The company has over 60 years’ experience of nuclear technology and radiological services. Studsvik is a leading supplier on a rapidly expanding market. The business is conducted through five segments: Sweden, United Kingdom, Germany, USA and Global Services. Studsvik has 1 100 employees in 7 countries and the company’s shares are listed on NASDAQ OMX Stockholm.

Studsvik is publishing this information pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The Information was released for public disclosure on December 21, 2012 at 14:15 CET.

www.studsvik.com