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2015-04-15

ÅF AB: ÅF chosen for major power project in Kenya, Uganda and Rwanda

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| For further information: |
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| Roberto Gerosa, President, International Division +41 56 483 17 29 |
| Viktor Svensson, Executive Vice President, Corporate Information +46 70 657 20 26 |
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The ministries of the three countries awarded ÅF with the feasibility studies
for the 400kV interconnector project for Kenya, Uganda and Rwanda. This
project is an essential stepping-stone for the EAPP (East African Power Pool)
on its way for a united and connected power market.

The contract value is about 1.48 million USD and the duration is between 5-7
months.

This interconnection project consists of approximately 1300km of transmission
lines and 13 substations. It is a top priority project for the ministries of
Kenya, Uganda and Rwanda and should not only help transporting energy and
make trading possible within these countries.

It will also function as a vital step for the vision of the EAPP to
interconnect this region completely and serve as key ingredient to transport
energy to the places where needed and to help developing the infrastructure
and industry to increase the standard of living in an economically and
environmentally sustainable manner.

"I am very proud that ÅF was chosen to be the leading consultancy company in
EAPP. ÅF has the competence to help EAPP to reach the vision to be the most
vibrant power market providing the least cost, efficient and reliable
electricity supply through fully integrated and interconnected regional
systems," says Roberto Gerosa, President International Division.

Corporate Information
ÅF AB

ÅF is an engineering and consulting company for the energy, industrial and
infrastructure markets, creating progress for our clients since 1895. By
connecting technologies we provide profitable, innovative and sustainable
solutions to shape the future and improve people's lives. Building on our
strong base in Europe, our business and clients are found all over the world.

ÅF - Innovation by experience

Press release (PDF)
http://hugin.info/1253/R/1911398/681978.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ÅF AB via Globenewswire

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