Studsvik wins MSEK 250 order from Bruce Power



Studsvik has signed an agreement with Bruce Power in Canada for the
treatment of 32 steam generators. The total order value is estimated
at approximately SEK 250 million. The agreement is conditional upon
finalizing related agreements and receipt of all necessary regulatory
approvals.

The steam generators will be treated at Studvik's facilities in
Sweden between 2010 and 2018. The first 16 generators are scheduled
for delivery in the spring of 2010. The steam generators weigh around
100 tonnes each. Up to 90 per cent of the component volume is
estimated to be released for regular recycling after treatment."Studsvik's method offers an economically attractive approach to
nuclear clean-up that is also environmentally responsible", says
Duncan Hawthorne President and CEO Bruce Power.

Studsvik pioneered the treatment and recycling of steam generators
from nuclear reactors in 2005. These components have traditionally
been sent directly for final disposal or stored temporarily at
nuclear power plants. With Studsvik's method, large parts of the
steam generators can be free released, dramatically reducing the
amount of waste that must be deposited.

So far, Studsvik has treated steam generators from Swedish and German
nuclear power plants. With the order from Canada's Bruce Power,
Studsvik enters a new geographical market."The order from Bruce Power firmly establishes Studsvik as the world
leader in the treatment of large components. It will also keep our
Swedish waste operations occupied for long time", says Magnus Groth,
President and CEO of Studsvik Group.

Nuclear power plants change steam generators as part of regular
maintenance and when they are modernized. It is estimated that
several hundred steam generators and other large components are
stored temporarily at nuclear power plants around the world awaiting
efficient treatment methods.

For further infomation, please contact
Magnus Groth, President and CEO, Studsvik Group, tel +46 155 22 10 86
or cell +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 1,100 employees in 8 countries and the company's shares
are listed on the NASDAQ OMX Stockholm.

Attachments

Studsvik - Bruce Power.pdf