Axactor SE

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Axactor - Detailed stock exchange announcement regarding the acquisition of CS Union SpA

Oslo, June 24, 2016 - Reference is made to the stock exchange announcement

made by Axactor AB ("Axactor" or the "Company") on 22 June 2016 regarding

the acquisition of CS Union S.p.A ("CS Union").

This is a detailed announcement under section 3.4 of the "Continuing

obligations of stock exchange listed companies"/Oslo Børs.

For further information:

Geir Johansen, CFO & Investor Relations, Axactor

Mobile phone: +47 4771 0451

www.axactor.com

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