AXA - Additional information regarding the subsequent offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN

PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR

THE UNITED STATES

Reference is made to the stock exchange notice from Axactor

AB ("Axactor" or the "Company") on 13 October 2016 regarding

the completion of the private placement of 230,000,000 new

shares (the "Private Placement") and the subsequent offering

of 50,000,000 new shares (the "Subsequent Offering").

The Subsequent Offering will be directed towards shareholders

in the Company as of close of trading on 12 October 2016 and

as registered in the VPS on 14 October 2016 (the "Record

Date") who were not allocated shares in the Private

Placement, whether they had subscribed for shares in the

Private Placement or not, and who are not resident in a

jurisdiction where such offering would be unlawful, or would

(in jurisdictions other than Sweden or Norway) require any

prospectus filing, registration or similar action (the

"Eligible Shareholders").

The subscription price in the Subsequent Offering will be NOK

2.60, i.e. equal to the subscription price in the Private

Placement.

For each share recorded as held as of expiry of the Record

Date, each Eligible Shareholder will be granted one

subscription right. Twelve subscription rights give the

holder a right to subscribe for one offer share in the

Subsequent Offering. The subscription rights will not be

listed and tradeable. Subscription rights not used to

subscribe for shares prior to the expiry of the subscription

period will lapse without compensation to the holder and will

consequently be of no value.

The subscription period for the Subsequent Offering will last

for ten business days and commences as soon as practically

possible following the approval of a prospectus by the

Swedish Financial Supervisory Authority, expected in the

second half of November 2016. Such approval and the

commencement of the subscription period will be further

announced by the Company in due course. No action is

currently required by the Eligible Shareholders at this

point.

Carnegie and DNB Markets (the "Managers") act as joint

bookrunners for the Subsequent Offering.

Further details regarding the Subsequent Offering will be

made in due course.

For further information, please contact:

Endre Rangnes

Chief Executive Officer

Mail: endre.rangnes@axactor.com

Tel: +46 8 402 28 00

Cell Phone: +47 48 22 11 11

Geir Johansen

Chief Financial Officer

Mail: geir.johansen@axactor.com

Cell Phone: +47 477 10 451

Cautionary Statement: Statements and assumptions made in this

document with respect to Axactor AB's ("Axactor") current

plans, estimates, strategies and beliefs, and other

statements that are not historical facts, are forward-looking

statements about the future performance of Axactor. Forward-

looking statements include, but are not limited to, those

using words such as "may", "might", "seeks", "expects",

"anticipates", "estimates", "believes", "projects", "plans",

strategy", "forecast" and similar expressions. These

statements reflect management's expectations and assumptions

in light of currently available information. They are subject

to a number of risks and uncertainties, including, but not

limited to, (i) changes in the economic, regulatory and

political environments in the countries where Axactor

operates; (ii) changes relating to the statistic information

available in respect of the various debt collection projects

undertaken; (iii) Axactor's continued ability to secure

enough financing to carry on its operations as a going

concern; (iv) the success of its potential partners, ventures

and alliances, if any; (v) currency exchange rate

fluctuations between the SEK and the currencies in other

countries where Axactor or its subsidiaries operate. In the

light of the risks and uncertainties involved in the debt

collection business, the actual results could differ

materially from those presented and forecast in this

document. Axactor assumes no unconditional obligation to

immediately update any such statements and/or forecasts.