Axactor SE

Share Issue/Capital Change • Feb 26, 2016

AXA - Increase in share capital related to private placement of 59,600,000 new shares

AXA - Increase in share capital related to private placement of 59,600,000 new shares

Press release dated 2016-02-26

Reference is made to the stock exchange announcement from

Axactor AB ("Axactor" or the "Company") published 17

February 2016 regarding the successfully completed private

placement of 59,600,000 new shares (the "New Shares") at a

price of NOK 1.78 per share (the "Private Placement").

The Company has received confirmation that the share capital

increase of SEK 29,800,000 divided into 59,600,000 shares

(the "Private Placement Shares") has been registered by the

Swedish Companies Registry. The Private Placement has hence

been completed. The new registered share capital of Axactor

is consequently SEK 328,107,180 divided into 656,214,360

shares, each with a par value of SEK 0.50.

For and on behalf of the Board of Directors of Axactor AB

Geir Johansen

For information, please contact Geir Johansen

Mail: geir.johansen@axactor.com

Tel: +47 477 10 451

www.axactor.com