Studsvik signs £8M contract with LLW Repository Ltd

Studsvik has signed a £8M contract with LLW Repository Ltd (LLWR) for the
transport and treatment of 5 redundant heat exchangers from the decommissioned
Magnox power station at Berkeley, Gloucestershire, England.

The heat exchangers each weigh over 300 tonnes and were used as an integral part
of the electricity production process of the nuclear power station before it
ceased operation in 1989. There are 15 heat exchangers remaining from the
original plant, and the project will represent an important step in the
decommissioning of the Berkeley site.

LLWR is acting on behalf of Magnox Ltd for the procurement and contract
management of the project, which is scheduled to take place in 2012.

Studsvik will transport each heat exchanger by road and sea to its processing
facility at the Studsvik site, close to Nyköping in Sweden. Studsvik has
facilities for volume reduction, decontamination and recycling of heat
exchangers and other large components from nuclear facilities, and has many
years experience in such transports.

"Studsvik is pleased to be able to play a part in the safe removal and recycling
of the Berkeley boilers, as part of the progressive clean-up of the NDA estate.
Our plans are economically and environmentally beneficial, and show Studsvik's
ability to manage complex waste problems. We look forward to working with LLWR
and Magnox on this important project", says Sam Usher, President of Studsvik UK
Ltd.

"The removal of these boilers will be another important step in preparing the
site for entry into Care & Maintenance. We are confident that in working with
LLWR and Studsvik we can deliver another major decommissioning milestone for
Magnox and our customer the NDA", says Steve McNally, Magnox Site Director for
Berkeley site.

For further information please contact:

Jerry Ericsson, Acting CEO, Studsvik AB, +46 155 22 10 32 or +46 760 02 10 32 or
Sam Usher, President of Studsvik UK Ltd, +44 (0)191 482 7102


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.

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 November 11, 2011 at 07:50 AM CET.

www.studsvik.com


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