Acando has resumed repurchase of treasury shares

Acando has resumed repurchase of treasury shares

Acando has resumed repurchase of treasury shares in accordance with the
authorization from the Annual General Meeting 2010 and the board
decision from August 2010.

At the Annual General Meeting 2010, the Board of Directors was
authorized to purchase shares to the extent that the company's total
holding does not exceed 10 percent of all shares in the company, for the
purpose of adjusting the capital structure to suit the company's capital
requirements and to create the opportunity for the company to pay for
acquisitions of companies and businesses, wholly or partly, with these
shares. This authorization applies until the 2011 Annual General
Meeting.
In August 2010, the Board of Directors decided to exercise this
authority and determined to complete a repurchase of at most 1,000,000
shares, at a maximum cost of SEK 14 million. In August 2010, a total of
360,000 shares were repurchased for a total cost of SEK 4 million.
At the present Acando holds treasury shares corresponding to 4,2 percent
of all shares in the company.

Further information is available from:

Ulf J Johansson, Chairman of the Board, Acando, +46 8 699 7000
Lotta Jarleryd, CFO, Acando, +46 8 699 7000.