Acando’s Board of Directors has adopted the additional repurchase of treasury shares

Acando’s Board of Directors has adopted the additional repurchase of treasury
shares

The Board of Directors of Acando AB (publ.) has resolved to utilize the
authorization granted by the 2011 Annual General Meeting of Shareholders to
repurchase shares in the company.

On May 5th, 2011, the Annual General Meeting of Acando AB (publ.) authorized the
Board of Directors to purchase shares to the extent that the company’s total
holding does not exceed 10 percent of all shares in the company, for the purpose
of adjusting the capital structure to suit the company’s capital requirements
and to create the opportunity for the company to pay for acquisitions of
companies and businesses, wholly or partly, with these shares. This
authorization applies until the 2012 Annual General Meeting.

The Board of Directors has resolved to additional repurchase a maximum of 129
000 shares for a maximum amount of SEK 1,9 million. The acquisition will take
place via the NASDAQ OMX Nordic at a price within the registered price interval
prevailing at the time of the acquisition.

The total number of shares in Acando as at February 28th, 2012 amounts to
79,644,260 composed of 3,639,990 Series A shares and 76,004,270 Series B shares.
Acando's current holding of treasury shares, on the same date, amounts to
7,812,331 Series B shares, corresponding to 9,8 percent of all outstanding
shares.

This is information that Acando AB may be obligated to disclose according to the
Securities Market Act and/or the Financial Instruments Trading Act. This
information was submitted for publication on Mars 22nd, 2012.

Further information is available from:
Ulf J Johansson, Chairman of the Board, Acando, +46 8 699 70 00
Anneli Lindblom, CFO, +46 8 699 70 00