Axactor - Detailed stock exchange announcement regarding the acquisition of Altor Group

Oslo - October 5, 2015 - Reference is made to the stock exchange announcement made by Axactor AB ("Axactor" or the "Company") on 30 September 2016 regarding the acquisition of Altor Group.

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

Email: geir.johansen@axactor.com

www.axactor.com