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2016-12-20

Studsvik AB: Studsvik signs agreement with AREVA for THOR-technology

Studsvik has signed a contract with AREVA to continue Studsvik's
engineering support for the deployment of Studsvik's THOR technology
at AREVA's new Nitrate Treatment Process (TDN) facility to be built
in the AREVA Malvési conversion plant, located near Narbonne, France.
A royalty payment in the amount of SEK 18 million is due following
the execution of this contract.

"The selection of the THOR technology and subsequent design of the TDN
process is the result of several years of close cooperation between
Studsvik and AREVA. The project in Malvési is one more example of how
Studsvik's experience and technology solves complex challenges and
provides significant value to its customers," says Michael Mononen,
CEO of Studsvik.

For further information please contact:

Michael Mononen, CEO of Studsvik, telephone +46 155 22 10 86, or

Pål Jarness, CFO of Studsvik, telephone + 46 155 22 10 09

Facts about Studsvik

Studsvik offers a range of advanced technical services to the global
nuclear power industry. Studsvik's business focus areas are fuel and
materials technology, reactor analysis software and consultancy
services within waste treatment technology, decommissioning, NORM and
solutions for final disposal. The company has over 65 years nuclear
technology and radiological service experience. Studsvik has 700
employees in 7 countries and the company's shares are listed on the
Nasdaq Stockholm.

This information is information that Studsvik AB (publ) is obliged to
disclose pursuant to the EU Market Abuse Regulation. The information
was released for public disclosure, through the agency of the contact
persons above, on December 20, 2016, at 08:55 AM (CEST).

www.studsvik.com

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http://news.cision.com/studsvik-ab/r/studsvik-signs-agreement-with-areva...
http://mb.cision.com/Main/4019/2153683/606213.pdf

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