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Axactor SE

Regulatory Filings Jun 15, 2016

3549_iss_2016-06-15_9e684f35-ba3c-42d5-8e16-0f3a942ef38d.html

Regulatory Filings

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Axactor signs a 3rd party contract with Endesa, the largest electrical company in Spain

Axactor signs a 3rd party contract with Endesa, the largest electrical company in Spain

Oslo, June 15, 2016 - Axactor has signed a new contract with the largest

electrical company in Spain, Endesa. The three-year contract is expected to

generate an annual revenue in excess of one million euros.

"The agreement is considered a milestone for our third party collection

business in Spain and underlines our competitiveness in this market space.

With this contract Axactor will be positioned to capture further market

shares in this high volume segment", says Juan Manuel Gutierrez, Country

Manager Axactor Spain.

For additional information, please contact:

Endre Rangnes, CEO Axactor

Mobile phone: +47 4822 1111

Email: [email protected]

or

Geir Johansen, CFO & Investor Relations, Axactor

Mobile phone: +47 4771 0451

Email: [email protected]

www.axactor.com

About Axactor

Axactor is a newly established company in the market for credit management

services. The company has a Nordic base and an ambitious pan-European growth

strategy, which targets the market for non-performing loans in Europe. This

market is estimated to about 1,500 billion euros, and Axactor main focus is

debt collection and purchase of NPL portfolios. Currently, Axactor has

approximately 600 employees in Spain and Norway.

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