SWECO to transfer treasury shares

By virtue of authorisation granted by the AGM on 26 April 2007, the Board of Directors of SWECO has decided to transfer 350,000 class B treasury shares to Thunes Partners AS, Instanes Rådgivende Ingeniører AS, Monstad AS and Paradis Prosjektering AS in their capacity as sellers of Opticonsult AS. The transfer is to be carried out by 21 February 2008 at the latest. The price per share shall be equal to the last price paid for the SWECO class B share on the OMX Nordic Stock Exchange Stockholm on the last trading day prior to the day of transfer, with the right and obligation for the sellers of Opticonsult AS to make payment through set-off of their claim against SWECO.

The reason for the transfer is to use the shares as partial payment for the SWECO Group’s acquisition of Opticonsult AS.

SWECO’s holding of treasury shares prior to the transfer amounts to 1,154,306 class B shares and 1,000,000 class C shares, equal to approximately 2.5 per cent of all registered shares in the company. The total number of shares outstanding in SWECO is 86,414,350, divided among 9,389,075 class A shares, 76,025,275 class B shares and 1,000,000 class C shares.