Acando AB has entered into an agreement to divest its UK consulting business to Swedish IT management advisory and consulting firm 3gamma AB.

The divesture underlines Acando's strategic focus on geographical markets where there are opportunities to deliver Acando's full scope of services. In addition Acando is represented on markets where international customer assignments can be delivered.

Further information will be disclosed in the quarterly report for the fourth quarter 2014 and for the first quarter 2015.

The divesture has a planned effective date of February 1, 2015.

This is information that Acando AB (publ) is obligated to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. This information was submitted for publication on January 29, 2015.

Further information is available from :Carl-Magnus Månsson, President and CEO, Acando +46 8 699 73 77.

Acando is a consulting company whose business concept is to create business value in partnership with its customers by enhancing and streamlining processes, organizations and digital solutions. We stand out due to our ability to combine skills in strategy and business operations with sound technical expertise and a deep understanding of the business sector. The Group has approximately 1,800 employees spread across seven countries. Acando is expected to have sales of SEK 2.1 billion in 2014 and is listed on the NASDAQ OMX Nordic exchange. www.acando.

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