SWECO acquires Norwegian Opticonsult - becomes one of Norway's largest engineering consultancies

SWECO acquires Norwegian Opticonsult - becomes one of Norway's largest
engineering consultancies

SWECO Grøner has signed an agreement to acquire Norwegian Opticonsult with 160
employees. The acquisition is SWECO Grøner's eighth in the past two years and
places the company among Norway's largest engineering consultancies.

”The acquisition of Opticonsult will make us one of the largest and most
competitive consulting engineering companies in Norway with a staff of nearly
800. It will also give us better geographical coverage in the country,” says
Vibecke Hverven, Managing Director of SWECO Grøner.

Opticonsult has most of its employees based in Bergen and Stavanger. The company
is active in a number of areas with an emphasis on consulting services for
construction and civil engineering. Opticonsult also special expertise in the
polar region and has carried out close to 400 assignments in this vulnerable
environment. 

“Opticonsult is an attractive workplace. By becoming part of SWECO Grøner we
will further strengthen our position in the market, since this will give us
greater opportunities to work throughout Norway and internationally,” says
Ole-Petter Thunes, Managing Director of Opticonsult. 

For more information contact:
Vibecke Hverven, Managing Director of SWECO Grøner, +47 975 303 72,
Vibecke.Hverven@sweco.no

SWECO is the Nordic region's leading provider of consulting services with
combined expertise in engineering, environmental technology and architecture.
SWECO has around 4,900 employees in ten countries and recorded annual sales of
around SEK 3.9 billion in 2006. The company has projects currently underway in
some 75 countries worldwide. The SWECO share is quoted on the Stockholm Stock
Exchange. SWECO is a member of OMX Nordic Exchange in Stockholm.

SWECO may be required to disclose the information provided herein pursuant to
the Securities Markets Act.