Axactor SE

Axactor acquires an Auto Loan Portfolio in Spain from major European car manufacturer

Oslo, 16 October 2017 - Axactor has acquired an Auto Loan Portfolio

in Spain from one of the major European car manufacturers, the total

outstanding balance was close to EURO 100m and there were more than

10.000 claims in the portfolio. The portfolio contains a high level

of cases in the legal process and contains a high quality of data

and documentation. The acquisition will be closed with a co-

investment partner, Plataforma Legal, taking a minority interest

along with providing specialist collection services. The combination

of Axactor and Plataforma Legal was a key factor in successfully

closing this deal.

"Axactor's focus on quality in the Spanish market continues to

deliver growth. This portfolio, given its legal status, was a

perfect fit for Axactor as well as enabling the relationship with

Plataforma Legal, which could potentially lead to further

acquisitions in the future. The whole team are very pleased to have

been successful in this transaction", says Andrés López and David

Martín, General Managers of Axactor Spain.

For additional information, please contact:

Endre Rangnes, CEO Axactor

Mobile phone: +47 4822 1111

Geir Johansen, CFO & Investor Relations, Axactor

Mobile phone: +47 4771 0451

www.axactor.com

About Axactor

Axactor Group specializes in both Debt Collection and Debt

Purchasing across several countries, with operations in Italy,

Germany, Norway, Sweden and Spain. The company has a Nordic base and

an ambitious Pan-European growth strategy, which targets the market

for non-performing loans (NPL) in Europe. This market is estimated

to be about 1,500 billion euros across Europe providing significant

opportunities for Axactor's future expansion. Axactor has

approximately 888 employees.

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