Acando has adopted the repurchase of treasury shares

Acando has adopted the repurchase of treasury shares

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

The Annual General Meeting of Acando AB (publ.) on May 4th 2010
authorized the board to acquire shares up to a maximum holding of 10
percent of all outstanding shares in the company with the purpose to
adapt the company's capital structure to its capital requirements, as
well as to enable the company to utilize repurchased shares as payment
in full or in part for acquisition of companies or business activities.

The Board of Directors has resolved to repurchase a maximum of 1,000,000
shares for a maximum amount of SEK 14 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 acquisition may take place during the period up to the
next Annual General Meeting of Shareholders.

The total number of shares in Acando as at 30 June 2010 amounted to
79,644,260 composed of 3,639,990 A-shares and 76,004,270 B-shares.
Acando's current holding of treasury shares amounts to 2,971,131
B-shares, corresponding to 3.7 percent of all outstanding shares. A
repurchase of 1,000,000 shares would represent an additional 1.3 percent
of the total number of outstanding shares.

For further information, please contact
Ulf J Johansson, Chairman of the Board, Acando AB, +46 8 699 70 00.