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Arribatec Group ASA M&A Activity 2010

Mar 10, 2010

3541_rns_2010-03-10_726a9508-e24b-46bb-b46c-568c2169e967.html

M&A Activity

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Over 80% acceptance regarding offer from Kaupthing

Reference is made to the stock exchange notice as of February 11th 2010

regarding Kaupthing Bank hf.'s offer to Acta's clients. Kaupthing has as of

March 10th, which is the deadline for accepting the offer, received acceptances

from over 80 per cent of the affected clients. Clients who have accepted the

offer have borrowed approximately SEK 1 billion from Kaupthing of loans

totaling  approximately SEK 1.2 billion. As a result of acceptance of the offer,

these clients will pay a total of  approximately SEK 600 million to Kaupthing.

-An overwhelming majority of clients affected has already accepted the offer,

but in respect of the clients who has expressed their concern regarding whether

their acceptance has made it in time or not, Kaupthing has in dialog with Acta

decided to prolong the deadline to March 15th," says Geir Inge Solberg, CEO in

Acta.

Please see www.votm.se for further information regarding the offer.

Contact details:

Rune Wangsmo, Director Public Relations, +47 99 54 15 07

Geir Inge Solberg, CEO, +47 90 87 80 43

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1392522]