Positive consultation with Scottish authorities

As previously announced, several agreements have been signed which give Arise the right to plan, apply for permission and construct wind farms along the Scottish coast.

Following consultation with the Highland Council, Arise's assessment is that the project has the potential to be granted permission. Thus the work on the application can begin. The application will be for a large wind farm of 20 to 30 wind turbines along the northern coast of Scotland. The project sites have excellent wind conditions and good opportunities for grid connections.

It is estimated that the permit application will be ready for submission next year, followed by the usual processing by authorities.

Halmstad 17 October, 2014

ARISE AB (publ)

For further information, please contact

Leif Jansson, Investor Relations Arise AB, +46 707 340 554

Peter Nygren, CEO Arise AB, +46 706 300 680

The information contained herein constitutes information which Arise AB is legally required to publish under the Swedish Securities Market Act (2007:528) and/or the Swedish Financial Instruments Trading Act (1991:980). The information was released for publication at 14.00 p.m. on 17 October 2014.

About Arise

Arise is one of Sweden's leading onshore wind power companies. The company´s business concept is to develop, build and manage wind farms for its own and investors´ account with the aim of selling electricity produced by onshore wind turbines. Arise is listed on NASDAQ OMX Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone +46 (0)35 20 20 900, corporate id .no. 556274-6726

E-mail info@arise.se, www.arise.se