Woman tying shoelaces, white trainers, yellow jacket

ÅF sells AF Chleq Froté S.A.

Fri, 29/06/2007 - 08:35 CEST
For further information:

Jonas Wiström, CEO & President ÅF
+46 (0)70-608 12 20
Eero Auranne, President, Process Division
+46 (0)70-320 09 53
Viktor Svensson, Director, Corporate Information
+46 (0)70-657 20 26

ÅF is to sell its French subsidiary AF Cheq Froté S.A. The company
has 50 employees.

The purchasers are the management of AF Chleq Forté. The transaction
amounts to 1 EURO.

The sale will have no effect on profits as provisions for this
transaction were made in the annual accounts for 2006.

The sale is part of the strategic re-alignment currently being
undertaken within ÅF's Process Division.

As the sale requires the approval of a general meeting of
shareholders in AB Ångpanneföreningen, an extraordinary meeting of
shareholders has preliminarily been planned for August. A separate
call to the meeting will be published no later than two weeks prior
to the meeting.

Corporate Information
AB Ångpanneföreningen

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 3,500 employees. Our base is in
Europe, but our business and our clients are found all over the

Related files