Axactor SE

Notice of Dividend Amount • Jun 2, 2014

NMG: First trading day excluding right to ADIAM dividend and adjustment of proposed profit appropriation in NMG annual report for 2013

NMG: First trading day excluding right to ADIAM dividend and adjustment of proposed profit appropriation in NMG annual report for 2013

· First trading day excluding right to ADIAM dividend

Nickel Mountain Group AB ("NMG") hereby, for sake of clarity, informs

the market, that according to previously distributed information, Monday

June 2, 2014 is the first day when the NMG share on the Oslo Stock

Exchange trades excluding the right to dividend of African Diamond AB

-shares ("ADIAM").

The record date for the dividend is June 4, 2014 and the last day of the

NMG share trading including the dividend was last Friday, May 30, 2014.

· Adjustment of annual report 2013 Nickel Mountain Group

Given the challenging time plan for the ADIAM-dividend process described

above, and in order to allow for at least a few days of trading of the

NMG share including the right to said dividend, NMG decided to push

forward the record date of the distribution of ADIAM-shares to 4th of

June 2014. This implies that the board's proposal to distribute the

African Diamond shares will be presented and reaffirmed at the upcoming

annual general meeting to be held on the 4th of June 2014, and the

distribution will be based on and included in the annual report for

2013. This is just for formal reasons and will have no impact on the

board's previous proposal approved by the extraordinary general meeting

on May 8, 2014 to distribute all the shares in African Diamond. The

record date, June 4, 2014, for the right to receive dividend 1:1 (one

share in African Diamond for each share in Nickel Mountain Group), as

well as the other terms for the share distribution are unchanged.

However, the above mentioned will have a minor impact on the formulation

of the profit appropriation in the annual report for 2013 which will be

adjusted accordingly. The adjusted wording of the profit appropriation

in the annual report for 2013 is given below, and the additional

information regarding the share distribution of African Diamond is

available at the company´s website www.nickelmountain.se

New proposed wording of the profit allocation in the annual report for

2013: See attached Appendix; "Proposed allocation of the Company's

result"

For and on behalf of the Board of Directors of Nickel Mountain Group AB

Torbjorn Ranta

Managing Director

For information, please contact:

Torbjorn Ranta

Managing Director

Tel: +46 8 402 28 00

Mobile: +46 708 855504

E-mail: torbjorn.ranta@nickelmountain.se

Or contact:

Erlend Dunér Henriksen

Deputy board member

Mobile: +47 920 18 950

E-mail: erlend@henriksen.as

Nickel Mountain Group AB (publ) is a Swedish company headquartered in

Stockholm. The Company's shares are listed on the Oslo Stock Exchange

(ticker: NMG). Please refer to www.nickelmountain.se for more detailed

information.

Cautionary Statement: Statements and assumptions made in this document

with respect to Nickel Mountain Group AB's ("NMG") current plans,

estimates, strategies and beliefs, and other statements that are not

historical facts, are forward-looking statements about the future

performance of NMG. Forward-looking statements include, but are not

limited to, those using words such as "may", "might", "seeks",

"expects", "anticipates", "estimates", "believes", "projects", "plans",

strategy", "forecast" and similar expressions. These statements reflect

management's expectations and assumptions in light of currently

available information. They are subject to a number of risks and

uncertainties, including, but not limited to, (i) changes in the

economic, regulatory and political environments in the countries where

NMG operates; (ii) changes relating to the geological information

available in respect of the various projects undertaken; (iii) NMG's

continued ability to secure enough financing to carry on its operations

as a going concern; (iv) the success of its potential joint ventures and

alliances, if any; (v) metal prices, particularly as regards nickel. In

the light of the many risks and uncertainties surrounding any mineral

project at an early stage of its development, the actual results could

differ materially from those presented and forecast in this document.

NMG assumes no unconditional obligation to immediately update any such

statements and/or forecasts.