Axactor SE

Share Issue/Capital Change • Nov 8, 2013

IGE: Update on the proposed separation of IGE Diamonds from IGE AB

IGE Resources AB (IGE) is going to provide all shareholders of IGE one (-1) free share for every share held in IGE, when IGE Diamonds is separated completely from IGE as a separate legal entity. Separation will be executed as soon as possible after the extraordinary General Meeting (EGM) of IGE 22 November 2013.

The right to obtain free IGE Diamonds shares is determined by the number of shares held on the record day Thursday November 21st 2013.

It is intended to list IGE Diamonds at a stock exchange as soon as practically possible after the separation.

For any questions with regard to this press release, please contact:

Erlend Dunér Henriksen

Deputy board member, IGE Resources AB

Mobile: +47 920 18 950

E-mail: erlend@henriksen.as

*

For general information with regard to IGE Resources AB, please contact:

Stefan Persson

Chairman, IGE Resources AB

Phone: +46 8 402 28 00 / Mobile: +46 70 486 21 90

E-mail: info@ige.se

IGE Resources AB (publ) is a Swedish company headquartered in Stockholm. Its shares are listed on the Oslo Stock Exchange (ticker: IGE). Please refer to www.ige.se or www.nickelmountain.se for more detailed information.