Studsvik signs 20-year agreement worth SEK 130 million

Studsvik has signed a 20-year agreement with Westinghouse Sweden for treatment
of uranium-contaminated waste with a method using pyrolysis instead of
incineration. The total order value is SEK 130 million over a 20-year period.

The waste will be treated in a pyrolysis facility which Studsvik intends to
build adjacent to the existing incineration facility in the Studsvik area. The
new facility is expected to come into operation at the end of 2011 and has the
capacity to treat waste from other customers as well.

"This is a strategically important agreement in which we and technical experts
from Westinghouse together develop a method enabling safe and environmentally
friendly treatment of uranium contaminated waste that we can also use for other
customers and other types of waste. The method allows Westinghouse to choose
between final disposal of residual products in the final repository in Östhammar
planned by the Swedish Nuclear Fuel and Waste Management Company, SKB, or, where
necessary, to recover the uranium from the ash to be reused at a lower cost than
at present," comments Mats Fridolfsson, head of Segment Sweden.

For further information please contact:
Mats Fridolfsson, Head of Segment Sweden, +46 76 002 10 64 or
Magnus Groth, President and Chief Executive Officer, Studsvik AB,
+46 76 002 10 86

Facts about Studsvik
Studsvik offers a range of advanced technical services to the international
nuclear power industry in waste treatment, decommissioning, engineering and
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 1,200
employees in 8 countries and the company's shares are listed on NASDAQ OMX
Stockholm.

Facts about Studsvik's facilities for treatment of radioactive waste
Studsvik offers the treatment of low and intermediate-level waste at its
facilities outside Nyköping, Sweden, in Erwin and Memphis, Tennessee, US, and in
Workington, UK. The Swedish facilities process dry and metallic waste from
nuclear facilities mainly in Europe, through incineration and melting. The
facility at Erwin volume treats wet waste using a unique proprietary pyrolysis
process, THOR(®). The facility in Memphis processes dry waste such as General
Waste (GW), Bulk Survey for Release (BSFR), and Large Components (LC). The
facility in Workington treats low-level waste metal while at the same time
recovers valuable metal for recycling. The primary purpose of the treatment is
to achieve volume-reduction and stabilization of waste before disposal.

Facts about the concept of pyrolysis
Pyrolysis, or dry distillation, is a process in which material is heated to a
high temperature, usually about 500-1000°C, in an oxygen-free environment so
that it disintegrates without incineration. In pyrolysis, volatile substances
are released in the form of gas, while a residue remains in solid or liquid
form. Hence, pyrolysis is a form of thermal degradation.

Studsvik is publishing this information pursuant to the Securities Market Act
and/or the Financial Instruments Trading Act. The Information was released for
public disclosure on April 1, 2011 at 08:45 AM CET.

 www.studsvik.com

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