Axactor SE

Axactor wins new contracts in Spain

Oslo, 27 April 2017 - Axactor has signed 4 new contracts with large

financial institutions and a large telecoms operator in Spain. The

one-year renewable contracts are expected to generate a revenue of

around 3 million euro.

"The agreements continue to reinforce our legal business in Spain

along with highlighting Axactor's commitment, not only to offering a

comprehensive and tailored solution, but also to offering these

services across not only the financial sector, but also to telecoms

and utility companies in the Spanish market.", say Andrés López and

David Martín, Country 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 is a fast growing debt collection & debt purchase company,

with presence in Spain, Norway, Italy, Germany and Sweden. We are

currently exploring expansion into other markets. We have an

experienced management team and a solid investor base consisting of

large international funds and private investors. Axactor is

investing in new technology and standardized systems, which enables

us to deliver best in class debt collection services in all markets.

Further, we have the relevant competence and sufficient funding to

acquire large non-performing loan portfolios. Axactor will focus on

amicable and legal collection, including debt surveillance

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