Scandiaconsult to Buy Back Shares

STOCKHOLM, Sweden, Sept. 27, 2002 (PRIMEZONE) -- As part of its ongoing share buy-back programme, Scandiaconsult (Stockholm:SCC) has, on September 25, bought back 71,800 of its own shares. This brings the company's total holding of its own shares on September 25, 2002 to 856,800. Scandiaconsult has a total of 23,896,828 shares.

Scandiaconsult will be releasing its interim report on October 25. Due to the fact that no buy-backs may be made for a month prior to an interim report, the buy-back programme can be resumed after October 25.

For more information please contact:

Managing Director and CEO Torbjorn Torell, telephone +46 8 615 60 00 or 
Per Leopoldson Chief Financial Officer, telephone +46 8 615 60 00

Scandiaconsult is a leading consulting engineering company in the Nordic market. The Group offers comprehensive solutions in the fields of infrastructure and construction - from concept and analysis, planning, design and project management to operation and maintenance. Scandiaconsult's technical competency is combined with in-depth knowledge about the environment, international development issues and sustainable use of natural resources. Scandiaconsult has 2,000 employees at 50 locations in Sweden, Norway and Finland. The Group has an annual turnover of SEK 1.5 billion and is quoted on the A list of the Stockholm Stock Exchange. For more information see

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