Contemplated placing of shares in Byggmax Group AB

Carnegie Investment Bank AB (”Carnegie”) has been retained to explore the opportunity to sell approximately 10% of the outstanding shares (approx. 6 million shares) in Byggmax Group AB ("Byggmax") through an accelerated bookbuilding (“the placing”). The shares are owned by Altor 2003 Fund ("Altor") through the company Altor 2003 Sarl and Fredrik Cappelen, Chairman of the Board of Directors in Byggmax (up to 200,000 shares).

Altor’s current holding amounts to 21,720,908 shares, representing 35.8% of the shares and votes in Byggmax. Fredrik Cappelen’s current holding amounts to 606 759 shares.

Altor and Fredrik Cappelen have undertaken lock-up agreements of 3 respectively 6 months for the shares not sold in the contemplated placing.

Stockholm 19 November 2013