Studsvik’s Year-end Report for January – December 2012

  · Sales for the fourth quarter amounted to SEK 340.2 million (360.7) and in
January-December to SEK 1,254.9 (1,200.7), which means a decrease of 4.4 per
cent in local currencies during the quarter and an increase of 4.1 per cent for
the full year.
  · The operating result for the fourth quarter amounted to SEK 21.2 million
(52.6) and for January-December to SEK –19.4 million (53.6). The decrease in
earnings is mainly attributable to the USA.
  · An agreement was signed for treatment of 10 heat exchangers from England in
2013 and 2014, valued at about SEK 150 million.
  · An agreement was signed on the sale of the French subsidiary Studsvik SAS.
  · Cash flow after investments for the fourth quarter amounted to SEK 24.1
million (45.6) and for the period January-December, to SEK –56.2 million (95.7).
  · The Board of Directors proposes that no dividend be distributed in 2013 (SEK
1.00).
  · Michael Mononen will take over as President on March 1.

+------------------------+-----------+-----------+-------------+-------------+
|                        |Oct-Dec2012|Oct-Dec2011|Full year2012|Full year2011|
+------------------------+-----------+-----------+-------------+-------------+
|Sales, SEK million      |340.2      |360.7      |1,254.9      |1,200.7      |
+------------------------+-----------+-----------+-------------+-------------+
|Operating profit, SEK   |21.2       |52.6       |–19.4        |53.6         |
|million                 |           |           |             |             |
+------------------------+-----------+-----------+-------------+-------------+
|Profit after tax, SEK   |12.5       |37.7       |–47.8        |22.7         |
|million                 |           |           |             |             |
+------------------------+-----------+-----------+-------------+-------------+
|Cash flow from operating|36.8       |61.2       |–7.3         |151.1        |
|activities, SEK million |           |           |             |             |
+------------------------+-----------+-----------+-------------+-------------+
|Cash flow after         |24.1       |45.6       |–56.2        |95.7         |
|investments, SEK million|           |           |             |             |
+------------------------+-----------+-----------+-------------+-------------+
|Profit per share after  |1.51       |4.59       |–5.82        |2.77         |
|tax, SEK                |           |           |             |             |
+------------------------+-----------+-----------+-------------+-------------+
|Net debt, SEK million   |114.5      |95.6       |114.5        |95.6         |
+------------------------+-----------+-----------+-------------+-------------+
|Equity per share,SEK    |58.19      |66.77      |58.19        |66.77        |
+------------------------+-----------+-----------+-------------+-------------+
|Equity/assets ratio, %  |36.3       |37.7       |36.3         |37.7         |
+------------------------+-----------+-----------+-------------+-------------+

The year-end report will be presented at a telephone conference call according
to earlier distributed invitation at 2:30 PM today.

Please read the full year-end report in the attached file.

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
7 countries and the company’s shares are listed on the NASDAQ OMX Stockholm.

Studsvik is publishing this information pursuant to the Securities Market Act
and/or the Financial Instruments Trading Act. The Information was released for
public disclosure on February 14, 2013 at 01:00 PM CET.

www.studsvik.com