Studsvik sells SVAFO to nuclear power producers

The four nuclear power companies OKG AB, Ringhals AB, Forsmarks
Kraftgrupp AB and Barsbäck Kraft AB will take over ownership of
Studsvik's subsidiary AB SVAFO. SVAFO is a non-commercial company
whose task is to take care of historic radioactive waste, mainly from
government research activities. The sale will have no impact on
Studsvik's profit.

SVAFO was established to be responsible for coordinating and managing
historic waste under the "Studsvik Act". The operations are financed
from the Nuclear Waste Fund to which the owners of the four nuclear
power companies pay fees."This is a natural change of ownership that means that Studsvik can
concentrate fully on commercial operations", says Magnus Groth,
President and CEO of Studsvik.

The shut-down R2 reactor is also financed via the "Studsvik Act" and
consequently will also be transferred from Studsvik to SVAFO as soon
as possible. The transfer requires that the Government grants a
nuclear license to SVAFO.

The transfer of SVAFO will take place at book value without residual
obligations for Studsvik regarding the transferred shares and
facilities. In 2008 SVAFO's net sales were SEK 72 million.

SVAFO's assignment includes remediation after uranium mining in
Ranstad, management of radioactive waste in the Studsvik area,
decommissioning the shut-down reactors in Ågesta and Studsvik (R2)
and other nuclear facilities in the Studsvik area. The assignment
runs until 2045, when it is expected to be completed.

For further information:
Magnus Groth, President and Chief Executive Officer,
telephone +46 155 22 10 86 or +46 709 67 70 86



Facts about Studsvik
Studsvik offers a range of advanced technical services to the
international nuclear power industry in such areas as waste
treatment, decommissioning, engineering & services, and operating
efficiency. The company has 60 years experience of nuclear technology
and radiological services. Studsvik is a leading supplier on a
rapidly expanding market. The business is conducted through five
segments: Sweden, United Kingdom, Germany, USA and Global Services.
Studsvik has 1 200 employees in 8 countries and the company's shares
are listed on NASDAQ OMX Stockholm.