ÅF wins SEK 600 million contract for new nuclear power plant in Brazil

Roberto Gerosa, President, Division International South         +41 79 445 71 90

Eero Auranne, President, Division International North          +358 40 3485120

Viktor Svensson, Executive Vice President, Corporate            +46 70 657 20 26
Information

On 12 January ÅF reported signing a contract worth approximately SEK 100 million
for consulting services relating to the construction of a third reactor at the
Álvaro Alberto Nuclear Power Station (CNAAA) in Angra dos Reis in the federal
state of Rio de Janeiro, Brazil. This initial contract, which will be managed by
ÅF Switzerland, related to services under the category of "Owner's Engineering
Responsibilities".

Today ÅF can announce that a new contract, worth almost SEK 600 million, has
been signed that includes the 3D Modelling of the piping, ventilation and
electrical engineering design, technical support services and the as-built
design for the Nuclear Island buildings of ANGRA 3 Nuclear Power Station. The
project will be managed by resources from ÅF Finland and working with a
significant number of local sub-contractors to ÅF.

As with the initial contract, the principal is once again Electrobrás
Termonuclear S.A - Electronuclear (ETN). This company is a subsidiary of
Electrobrás, a stock market listed company, which is majority owned by the
Brazilian state.

ÅF's involvement in this new project is expected to begin in the third quarter
of 2012 and is scheduled for completion during 2019.

ÅF won the tender primarily as a result of its high level of expertise and
extensive reference portfolio from projects for the international nuclear power
industry. ÅF is currently the world's sixth largest energy consulting company
and one of the world's leading independent consultants in the field of nuclear
power.

ÅF AB
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. Today the ÅF Group has more than 4,700 employees.
Our base is in Europe, but our business and our clients are found all over the
world.