Serneke Group

Regulatory Filings • Dec 21, 2016

Serneke to build waste water treatment plant in Strömstad

Serneke Civil Engineering has been commissioned by the municipality of Strömstad to build a new waste water treatment plant. The project is valued at approximately SEK 80 million and will be included in order bookings for the fourth quarter of 2016.

The municipality of Strömstad is currently experiencing problems of capacity in terms of waste water and sludge treatment and is also facing a future load increase, as a result of expansions and new connections. Accordingly, Serneke Civil Engineering has been commissioned by the municipality to remodel and extend the Österröd sewage treatment plant.

"We are pleased to have been chosen to develop the Österröd sewage treatment plant. This project is entirely in line with our strategy and is an important project for Serneke Civil Engineering," says Fredrik Jonsson, CEO Serneke Civil Engineering.

The Österröd waste water treatment plant project comprises about 11 different processing facilities and includes remodeling, extension and new construction. All of the facilities are being built in the Österröd waste water treatment area approximately 1.4 kilometers southeast of Strömstad.

"The municipality of Strömstad is looking forward to collaborating with Serneke. For us, the Österröd sewage treatment plant is a stage in developing Strömstad for the future," says Jerry Johansson, commissioner of water management for the municipality of Strömstad.

Construction of the waste water treatment plant will begin in the spring of 2017, with completion scheduled for the spring of 2019.

For additional information, please contact:

Fredrik Jonsson, President, Serneke Civil Engineering Tel: +46 73 600 18 17 fredrik.jonsson@serneke.se

Johan Live, Press Officer Tel: +46 768 68 11 37 johan.live@serneke.se

This information is such that Serneke is required to disclose under the EU Market Abuse Regulation. The information was submitted under the auspices of the above contact person for publication December 21, 2016 at 13.00 CET.

Serneke is a rapidly growing corporate group active in construction, civil engineering, projectdevelopment and property management. The Group was founded in 2002 and today has annual income of more than SEK 3 billion and more than 800 employees. Through novel thinking, the Company drives development and creates more effective and more innovative solutions for responsible construction. The Company builds and develops housing, commercial buildings, industrial facilities, public buildings, roads and civil engineering projects, and other infrastructure. The Company's

customers are public and commercial clients and operations are focused on the three metropolitan regions in Sweden, Gothenburg (Region West), Stockholm (Region East) and Malmö (Region South). Serneke's headquarters are located in Gothenburg and the Company also has offices in Stockholm, Malmö, Helsingborg, Borås, Halmstad, Strömstad, Trollhättan, Varberg and Alingsås. The Company's Series B shares (SRNKE) have been listed on the Nasdaq Stockholm exchange since November 2016.

Further information about Serneke Group AB is available at www.serneke.group