Vivesto — Share Issue/Capital Change 2019

Mar 18, 2019

This press release may not be published or distributed, directly or indirectly, in, or to, Australia, Hong Kong, Japan, Canada, New Zeeland, Singapore, South Africa or the USA, or any other country where such measure is wholly or partially subject to legal restrictions. The information in this press release may not be forwarded, reproduced or displayed in a way that is contrary to such restrictions. The omission to abide by this instruction may constitute an offence against the United States Securities Act 1933 or applicable laws in other jurisdictions. For more information, please refer to "Important information" in this press release.

2019-03-18

PRESS RELEASE

Oasmia announces a prospectus regarding admission to trading of new shares

Uppsala, Sweden, March 18, 2019 – Oasmia Pharmaceutical AB (publ) ("Oasmia" or the "Company") has prepared a prospectus regarding the admission to trading of the 22,948,535 shares in the Company that were issued in the directed issue which was announced 4 March 2019.

The Prospectus has been approved by the Swedish Financial Supervisory Authority today and is available at the Company's website www.oasmia.com. The shares are expected to be admitted to trading on Nasdaq Stockholm on or about 21 March 2019.

For more information:

Julian Aleksov, Executive Chairman Tel: +46 (0)18 50 54 40 E-mail: julian.aleksov@oasmia.com

Notes to editors:

About Oasmia Pharmaceutical AB

Oasmia Pharmaceutical AB (NASDAQ: OASM) develops, manufactures, markets and sells new generations of drugs in the field of human and veterinary oncology. The company's product development aims to create and manufacture novel nanoparticle formulations and drug-delivery systems based on well-established cytostatics which, in comparison with current alternatives, show improved properties, reduced sideeffects, and expanded applications. The company's product development is based on its proprietary in-house research and company patents. Oasmia is listed on NASDAQ Capital Markets (OASM.US), Frankfurt Stock Exchange (OMAX.GR, ISIN SE0000722365) and NASDAQ Stockholm (OASM.ST).

Important information

This press release does not constitute a prospectus in accordance with the meaning of such term in directive 2003/71/EC. Nor does this press release constitute or form part of a solicitation or an offer to purchase, sell, subscribe for, or in any other way trade in securities in Oasmia. The publication or distribution of this press release may in certain jurisdictions be subject to restrictions in accordance with relevant laws and persons in the jurisdictions where this press release has been published or distributed shall inform themselves of, and follow, such restrictions. Any securities referred to in this communication may not be offered or sold in any jurisdiction absent registration under applicable securities laws or an exemption from registration.

Information is also available at www.oasmia.com www.nasdaqomxnordic.com www.boerse-frankfurt.de twitter.com/oasmia

This information is such that Oasmia Pharmaceutical AB (publ) is obliged to disclose pursuant to the Swedish Financial Instruments Trading Act (SFS 1991:980). The information was submitted for publication, through the agency of the contact person set out below, at 4.10 PM CET on 18 March 2019.