Cloetta — Share Issue/Capital Change 2011

Apr 29, 2011

Press Release 29 April 2011

Public announcement of change in the total number of shares and votes in Cloetta AB (publ)

In April 2011 Cloetta issued 145,254 new class B shares in connection with the employee convertible programme that was approved by the extraordinary general meeting on 20 March 2009. In the event of full conversion, a total of 1,004,889 class B shares will be issued during the period through March 2012.

The share capital in Cloetta AB (publ) at 29 April 2011 amounts to SEK 121,322,250, divided between 2,360,000 class A shares and 21,904,450 class B shares. The total number of votes is 45,504,450.

For additional information contact

Curt Petri, CEO, mobile +46 70-593 2169 Kent Sandin, CFO, mobile +46 70-582 7795

The information in this press release is subject to the disclosure requirements of Cloetta AB (publ) pursuant to the Swedish Securities Market Act. The information was submitted for publication on 29 April 2011, 04.00 p.m CET.

About Cloetta

Founded in 1862, Cloetta is the oldest confectionery company in the Nordic region. The company's best known brands are Kexchoklad, Center, Plopp, Polly, Tarragona, Guldnougat, Bridge, Juleskum, Sportlunch, Extra Starka and the chocolate bar series Good. Cloetta has two production units in Sweden, one in Ljungsbro and one in Alingsås. For the period from 1 September 2009 to 31 August 2010, Cloetta posted net sales of SEK 1,061 million. Since 16 February 2009, the company's class B shares are traded on NASDAQ OMX Stockholm Nordic. www.cloetta.com