Studsvik appoints new Chief Financial Officer

Studsvik has appointed Pål Jarness, 48, as Chief Financial Officer and member of
the Studsvik Group Executive Management. He will take up his post on January 1,
2014.
From 2008 to 2012 Pål Jarness was Chief Financial Officer of Actic, one of the
leading Nordic health club chains with operations in six countries. Before that
Pål was Chief Financial Officer at Goodyear Dunlop Nordic and Kraft Foods Nordic
and has held different positions in treasury and human resources at Philip
Morris.

“Studsvik is in an intensive period of change to increase profitability in the
Group. Pål has documented experience in the role of Chief Financial Officer of
restructuring international operations, which is important in the current phase
of the Group’s development,” comments Michael Mononen, President and CEO of
Studsvik AB.

Jerry Ericsson, Chief Financial Officer and Executive Vice President of Studsvik
AB, will leave his post on January 1, 2014 to take up instead an advisory role
in the Group, reporting to the CEO.

For further information please contact:
Michael Mononen, Chief Executive Officer, Studsvik AB, +46 155 22 10 86.

Facts about Studsvik
Studsvik offers a range of advanced technical services to the international
nuclear power industry in waste treatment, decommissioning, engineering and
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 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 October 18, 2013, at 08:05 CET.

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