Axactor SE

Axactor acquires the 4th unsecured Non Performing Loan (NPL) portfolio in Spain

Oslo , June 30 2016 - Axactor has acquired a Prime unsecured NPL portfolio

originated by a large Spanish consumer finance institution BMN (Banco Mare

Nostrum). The portfolio includes unsecured and secured loans with a total

Outstanding Balance (OB) of approximately EUR 144 million, with more than six

thousand open accounts of individuals and a solid paying book.

Axactor will pay around 5% of the Outstanding Balance. This price has been based

on the relatively young age of the claims in the portfolio and the strong recent

payment profile which Axactor expects to continue developing going forward.

"This is our 4th portfolio acquisition this year, and is an evidence of our

competitiveness and active presence in this market. The portfolio will add new

volumes to our amicable and legal operations in Spain. We are positioning Axactor

to gain more business in Spain and other countries in Europe", says Endre

Rangnes, Axactor CEO.

We continue to be well positioned to gain new business in Spain and other

countries in Europe", says Geir Johansen, Axactor CFO

The investments will be financed by Axactor's available cash and our credit

facilities with DNB.

For additional information, please contact:

Geir Johansen, CFO & Investor Relations, Axactor

Mobile phone: +4747710451

www.axactor.com

About Axactor:

Axactor Group is a debt collection and debt purchase company, with operations in

Italy, Norway and Spain. The company has a Nordic base and an ambitious Pan-

European growth strategy, which targets the market for non-performing loans (NPL)

in Europe. This market is estimated to about

EUR1,500 billion, and Axactor's main focus is debt collection and purchase of NPL

portfolios. Axactor has approximately 700 employees.

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