Sam Usher new President of Studsvik UK

Sam Usher has been appointed President of Studsvik UK. The changeover
of Presidents is taking place after continued losses in project
operations.
Sam Usher's most recent position was Vice President of Business
Development in Studsvik UK.  Before coming to Studsvik in 2008 Sam
Usher held senior management positions at AMEC Nuclear and British
Nuclear Fuels (BNFL). Mr Usher will succeed Mark Lyons, who is
leaving the company with immediate effect.
An internal audit of the British subsidiary has found income from a
number of projects to be overstated by in total approximately GBP 1.0
million (SEK 12.0 million), primarily attributable to 2008. The
amount will impact results for the second quarter.

"In the short term the British subsidiary will focus on returning to
profitability. In the longer term the United Kingdom continues to be
a growth market for us," says Studsvik's President and CEO Magnus
Groth.


For further information please contact:
Magnus Groth, President and Chief Executive Officer of Studsvik,
tel +46 155 22 10 86 or cell +46 709 67 70 86.



Facts about Studsvik
Studsvik offers a range of advanced technical services to the
international nuclear power industry in such areas as waste
treatment, decommissioning, engineering & 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 8 countries and the company's shares
are listed on the NASDAQ OMX Stockholm.