Industrivärden

Share Issue/Capital Change • May 31, 2013

The information provided in this press release is such that AB Industrivärden (publ) is obligated to publish pursuant to the Securities Market Act (SFS 2007:528). Submitted for publication at 10:00 a.m. on May 31, 2013.

PRESS RELEASE

New number of shares outstanding

Owners of convertibles in Industrivärden's convertible loans have the right to demand conversion to newly issued Class C shares in Industrivärden. When such conversion has taken place, the company is obligated by law to publish information about the change.

During the month of May, convertible owners requested conversion of convertibles issued in Industrivärden's convertible loan 2010–2015 to 5,480,561 newly issued Class shares.

Following the conversions, the number of votes in the company is 280,854,113. The total number of registered shares in the company is 391,765,373, of which 268,530,640 are Class A shares and 123,234,733 are Class C shares.

The conversions entail dilution of 0.2% of the votes and 1.4% of the capital.

Stockholm, May 31, 2013

AB INDUSTRIVÄRDEN (publ)

For further information, please contact: Anders Gustavsson, IRO, tel. +46-8-666 64 00 Sverker Sivall, Head of Corporate Communications, tel. +46-8-666 64 00