Rabbalshede Kraft publishes prospectus

Not for release, publication or distribution, directly or indirectly, in the United States, Australia, Hong Kong, Canada, Japan, Switzerland, Singapore, South Africa or New Zealand.

The Board of Rabbalshede Kraft has prepared a prospectus regarding the impending rights issue of the Company's B shares. The prospectus has today, December 1, 2015, been approved and registered by the Financial Supervisory Authority.

Offer in brief

The offering includes shares in an amount between SEK 299,299,722 and SEK 359 159 664 by a new issue of a minimum of 49,883,287 and a maximum of 59,859,944 Series B shares at a price of SEK 6 per share.

Shareholders have preferential rights to subscribe for eight new shares of series B for every ten shares that they own in the company.

Timetable for the rights issue

• December 2, 2015                                                 Record date

• December 4 to December 18, 2015                      Subscription period

• December 4 to December 11, 2015                      Trading in Subscription Rights

• The latest December 23, 2015                              Announcement of preliminary outcome

The prospectus and application form are available on Rabbalshede's website, www.rabbalshedekraft.se

Underwriting

Manor Investment SA, Ernst Rosén Invest AB and the Chalmers Foundation has issued respective underwriting whereby Manor Investment SA guarantees to subscribe for shares for a total amount of 200 million SEK, Ernst Rosén Invest AB guarantees to subscribe for shares for a total amount of 42 million SEK and the Chalmers Foundation guarantees to subscribe for shares for a total amount of 30 million SEK.

Financial and legal advisors

Swedbank is financial advisor and MAQS Law Firm as legal advisor to Rabbalshede Kraft.

For further information, please contact:

Britta Ersman, IR Rabbalshede Kraft
Tel. +46 (0) 702-79 79 43,
E-mail; britta.ersman@rabbalshedekraft.se