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ÅF and AMEC enter partnership agreement for forest industry work

Mon, 19/05/2008 - 15:00 CEST
For further information:

Eero Auranne, President ÅF-Process                                +46
(0)70-320 09 53
Per Magnusson, President ÅF-Engineering                        +46
(0)70-676 64 26
Lauren Gallagher:  Media Relations Manager                     +1
 602 757 3211
Viktor Svensson, Director, Corporate Information               +46
(0)70-657 20 26

ÅF and AMEC, the international engineering and project management
company, have entered into an agreement to jointly pursue forest
industry opportunities in South America.

The agreement combines the global engineering consulting capabilities
of ÅF with AMEC's international engineering and project management
capabilities. Working together from various centers of excellence,
the companies will collaborate to provide their customers with
leading-edge forestry industry expertise.

Eero Auranne, President of Process Division of ÅF said: "Together,
AMEC and ÅF offer more than 20 years of successful project
collaboration and global resources and experience.""Sustainable development of the world's forest resources is
increasingly important and this significant initiative addresses the
sector's requirements for full-service, high-value consultancy,
engineering and project management services," said Tim Gelbar,
President of AMEC's Power and Process Americas business. "Following
AMEC's investment in Chilean consulting company, CADE, last year, and
the establishment of an ÅF office in Brazil in 2007, this exciting
venture reinforces our international growth strategy in South America
and our commitment to the forest industry."

Corporate Information

The ÅF Group is a leader in technical consulting, with expertise
founded on more than a century of experience. We offer highly
qualified services and solutions for industrial processes,
infrastructure projects and the development of products and IT
systems. We are also one of the leading names in testing and
inspection.  Today the ÅF Group has more than 4,000 employees. Our
base is in Europe, but our business and our clients are found all
over the world.

AMEC is a focused supplier of high-value consultancy, engineering and
project management services to the world's energy, power and process
industries.  With annual revenue over US$4.6 billion, AMEC designs,
delivers and maintains strategic and complex assets for its
customers.  AMEC's Natural Resources, Power and Process, and Earth
and Environmental businesses employ approximately 22,000 people in
more than 30 countries globally.  AMEC shares are traded on the
London Stock Exchange where the company is listed in the Oil
Equipment and Services sector.  (LSE: AMEC.L).AMEC's presence in
South America was expanded in 2007 through the acquisition of
CADE-IDEPE, the largest independent Chilean engineering services
company. Based in Santiago, Chile, CADE-IDEPE provides engineering
solutions for Natural Resources and Power and Process clients in
Chile and throughout South America.

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