ÅF wins significant order from Volvo Cars

 Per Magnusson, President, Industry Division     +46 70 676 64 26

 Viktor Svensson, Director Corporate Information  +46 70 657 20 26



ÅF has signed a significant agreement with Volvo Car Corporation. The order
relates primarily to industrial automation technology, which is one of the areas
of technical expertise in which ÅF excels in the automotive industry.

For ÅF the project involves the development and delivery of a number of
automated production lines for Volvo Car Corporation.

The project will in the main be carried out from ÅF's division in Olofström.

"ÅF is consolidating its position as a strategic supplier and one that Volvo
wants to have on board in the future," says Per Magnusson, President of the
Industry Division, with around 2,000 consultants.

"The project, which will run over a total of two years, was won against
international competition," says Jan-Ola Andersson, responsible for ÅF's
operations within the Industrial Projects business area.


Communication Department
ÅF AB

ÅF is a leading technical consulting company, with expertise founded on more
than a century of experience. We offer highly qualified services and solutions
in fields of expertise that include industrial processes, infrastructure
projects and the development of products and IT systems. ÅF currently employs
more than 7,000 people. Our base is in Europe, but our business and our clients
extend right across the globe.