Rejlers continues to grow - now with Norwegian Nettkonsult


(REJL B)
Rejlers and Agder Energi has agreed that Rejlers will acquire Nettkonsult AS in
two steps. In step one, carried out in Q3 2011, Rejlers acquires 49 percent of
the shares and the remaining 51 percent of the shares will be acquired by the
first half of 2014 at the latest.

Nettkonsult has a leading position in respect of consultancy services to the
electricity market in Norway.  The company has approximately 100 employees and
had a turnover of NOK 100 million in 2010. The company's core business is
advising customers in power distribution, energy and electrical safety.
Nettkonsult is headquartered in Kristiansand and has 7 additional offices in
Norway.

Peter Rejler, CEO of Rejlers, commented, "We are excited to finalize this
acquisition. Nettkonsult has activities that comply very well with our own
consulting business.  Furthermore, we see this as an important step in order to
grow further in the Norwegian market, which in addition to Sweden and Finland is
a domestic market for us. We welcome Nettkonsults all employees to Rejlers and
look forward to continue to develop the company together with Agder Energi."

Unni Farestveit, Chairman of Nettkonsult, commented, "We have had a discussion
with Rejlers for some time and are very satisfied  that we together  have found
a solution that is good for all parties involved, including Nettkonsults
employees. Agder Energi looks forward to a continued good cooperation with
Nettkonsult and the expanded opportunities that the company wins with Rejlers as
owner."

The company's CEO, Kjell Myrann, continues as executive director of the company.

The acquisition is conditional upon required regulatory approvals.

                            For further information:
          Peter Rejler, President and CEO of Rejlers, +46 70 602 34 24
        Unni Farestveit, Chairman of Nettkonsult AS, tel +47 3 860 70 00
            Kjell Myrann, CEO of Nettkonsult AS, tel +47 3 860 70 00
                  Lars Solin, CFO of Rejlers, +46 73 386 15 20
                                www.rejlers.com

     Rejlers is a Nordic expertise group within electro-technology, energy,
 mechanics, automation, electronics, IT and telecommunications. Rejlers' shares
                  are listed on the NASDAQ OMX Stock Exchange.

Rejlers discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 13.00 on 20 June 2011.


[HUG#1524530]

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