*

Hitt og þetta 14. ágúst 2006

Studsvik: Interim Report January-June 2006

* Profit improved during the second quarter. However, the Waste Treatment SBA reported lower earnings than the previous year. * A decision has been made to invest SEK 21 million in an extension of the Swedish facility for the treatment of metallic waste and to invest in a treatment facility for metallic waste in the UK. * After the reporting period, Studsvik signed the first major contract in the UK. The contract, which is a three-year framework contract, is expected to generate an annual volume of GBP 10 million. * Operating profit for the Group for 2006 is expected to be somewhat lower than that for 2005. Profit before tax for 2006 is expected to be lower than the previous year.

+-------------------------------------------------------------------+ | | Jan-June | Jan-June | Full Year | | | 2006 | 2005 | 2005 | |---------------------------------+----------+----------+-----------| | Net sales, SEK million | 569.1 | 522.3 | 1,088.3 | |---------------------------------+----------+----------+-----------| | Operating profit, SEK million | 27.1 | 46.5 | 78.8 | |---------------------------------+----------+----------+-----------| | Profit after tax, SEK million | 9.9 | 43.7 | 61.1 | |---------------------------------+----------+----------+-----------| | Profit per share after tax, SEK | 1.20 | 5.37 | 7.48 | |---------------------------------+----------+----------+-----------| | Equity per share, SEK | 67.79 | 65.16 | 68.90 | |---------------------------------+----------+----------+-----------| | Equity-assets ratio, % | 40.8 | 41.7 | 47.9 | +-------------------------------------------------------------------+


Please read the full report in attached file