Rejlers acquire all shares in APAS


(REJL B)
Rejlers has acquired the remaining 35 percent shares in the Norwegian company
APAS Energiteknikk AS from the company's founder Arne Palm. Arne Palm will
continue to work with APAS as a consultant. Henrik Erichsen will be appointed
new president.

The company was founded in 1988 and is active in areas such as monitoring and
analyzing energy application in buildings and administrative management of the
oil boiler installations for customers such as Statoil.

Energy and Environment is a strategic focus area for Rejlers. APAS Energiteknikk
skills and systems in the energy sector is an important part in the development
of this area. Through the company's web analysis tool, 3RWEB, the user can
monitor energy consumption, CO2 - emissions and waste management in buildings
and properties. On this basis, the benefit from taken measures can be
controlled.

The company's estimated turnover for 2010 is approximately 10 MNOK. Through this
acquisition and a former in December 2010 Rejlers owns all the shares of the
Company. As a consequence of the acquisition, Rejlers' initial holding of 15
percent will be written down in the financial statements by approximately 1
million.


For further information:
Peter Rejler, President and CEO, +46 70 602 34 24
Lars Solin, CFO, +46 73 386 15 20
www.rejlers.com


Rejlers is a Nordic expertise group within electro-technology, energy,
mechanics, automation, electronics, IT and telecommunications. Rejlers' shares
are listed on the NASDAQ OMX Stock Exchange.

Rejlers discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 09.00 on 29 December 2010.



[HUG#1475960]

Attachments

Press release pdf.pdf