30 December 2016, 17:00 CET

Axactor Group

Stock notice

AXA - Change in number of shares and votes

As already informed, Axactor AB (publ) (Oslo Børs: AXA) has conducted an

issue of new shares. Following the share issue, the total number of

issued shares and votes in the company are 1,226,488,769.

This announcement follows statutory information requirements for Swedish

public companies at end of the month during which the registered number

of issued shares or votes has changed, in accordance with Section 9

Chapter 4 of the Swedish Financial Instruments Trading Act (Sw. Lag

(1991:980 om handel med finansiella instrument).

For further information, please contact:

Geir Johansen

Chief Financial Officer

Mail: geir.johansen@axactor.com

Cell Phone: +47 477 10 451