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2016-12-22

ÅF AB: ÅF closes the acquisition of Edy Toscano

For further information:

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| Roberto Gerosa, President International Division +41 56 483 12 04 |
| Marta Tiberg, Head of Communication and Brand +46 73 072 70 48 |
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The closing conditions for transaction of Edy Toscano have now been fulfilled.

On 12 December 2016, ÅF announced the acquisition of the Swiss engineering
consulting company Edy Toscano AG, a company with revenues of MSEK 430 (2015)
and more than 370 employees. The completion of the transaction was subject to
the satisfaction of closing conditions. These conditions have been met and
the transaction has been consummated on December 21, 2016.

Corporate Communication
ÅF AB (publ)

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/2067155/776165.pdf

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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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