The award decision from Norrbotten County Council's procurement of intensive care ambulances was formally established during the day where Nilsson Special Vehicles was chosen as a supplier of up to 6 ambulances during the current year with an option of 6 cars per year until 2019. This corresponds to an order value of up to SEK 10 M annually.

"This is an important confirmation for us from one of our loyal customers," says CEO Karl Justh. We have worked systematically to adapt our ambulances to the needs of the county councils in terms of safety, ergonomics and overall economy. This order consolidates the company's success in 2015, winning all 8 procurements in this vehicle category." says Nilsson Special Vehicles CEO, Karl Justh.

"We have reviewed our production capacity to meet the rising demand for our products. It is of great importance for us to feel the confidence that the ambulance service in Sweden gives us, especially now that we are in the process of launching the successor to today's ambulance. It will be built on the Volvo XC90 as a base car and will be presented in conjunction with the Flisa congress in Helsingborg in September 2016.", continues Karl Justh.

Briefly about Nilsson Special Vehicles

Nilsson is today one of Sweden's largest players for customized vehicles. The company produces and sells limousines, ambulances and funeral cars. Customers are mainly located in Europe, where the largest markets are Scandinavia and England. The story behind Nilsson began in 1945 when Yngve Nilsson Karosserifabrik was founded. With many years of experience in the industry, the Company has a strong focus on innovation in the form of new materials, technologies and an increased global market focus to achieve continued satisfied customers.

This information is such that Nilsson Special Vehicles AB (publ) shall make public pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication on March 16, 2016 at 2:00 p.m.

Nilsson Special Vehicles AB (publ) is listed on Nasdaq First North in Stockholm (ticker: NILS). Certified Adviser to Nilsson Special Vehicles is Remium Nordic AB.

Important information

The information in the press release is not addressed to persons residing in the United States, Australia, Hong Kong, Japan, Canada, Switzerland, Singapore, South Africa or in any other jurisdiction where such action is subject in whole or in part to legal restrictions. Consequently, this press release may not be published, published or distributed, directly or indirectly, in or into the United States, Australia, Hong Kong, Japan, Canada, Switzerland, Singapore, South Africa or in any other jurisdiction where such action is subject in whole or in part to legal restrictions. The information contained in this press release may also not be transmitted, reproduced or presented in a manner contrary to such restrictions. Failure to comply with this instruction may constitute a violation of the U.S. Securities Act of 1933 or applicable laws of other jurisdictions.

For more information, please contact:

Karl Justh, CEO

Email: karl.justh@nilsson.se

Phone: +46 (0)430-49 067