Correction of Arise AB (publ) Swedish Interim Report for 1 January – 30 September 2014

In the Swedish version of the Interim Report for January - September 2014, on page 9 under “Consolidated statement of comprehensive income”, the “Share of other comprehensive income in associated Companies” was incorrectly stated to MSEK 44, and the “Income tax attributed to components of other comprehensive income” was incorrectly stated to MSEK -6.

The correct figures for “Share of other comprehensive income in associated Companies” shall be MSEK -28, and the correct figures for “Income tax attributed to components of other comprehensive income” shall be MSEK 10.

A corrected version of the Swedish interim report was published on the company website, www.arise.se.

Halmstad, 12 November 2014

ARISE AB (publ)

For further information, please contact

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

Thomas Johansson, CFO Arise AB, +46 768 211 115

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 13.15 p.m. on 12 November 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