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2016-02-17

Company announcement 11/2016 - Scandinavian Tobacco Group A/S: Major Shareholder's Announcement

COMPANY
ANNOUNCEMENT

No. 11/2016

Copenhagen, 17 February 2016

Major Shareholder's Announcement

With reference to Section 29 of the Danish Securities Trading Act
(værdipapirhandels-loven
) it is hereby announced that The Capital Group Companies, Inc. ("CGC") has
informed Scandinavian Tobacco Group A/S that funds administered by companies
within the CGC group on 12 February 2016 own shares in total amounting to
more than 5% of the company's share capital, and that the CGC group exercises
more than 5% of the voting rights.

Funds administered by the CGC group thus hold 5,092,778 shares with a nominal
value of DKK 1 (aggregate nominal value DKK 5,092,778), corresponding to
5.09% of the total share capital, and on behalf of these funds the CGC group
exercises 5.09% of the voting rights.

For further information, please contact:

For media enquiries:
Kaspar Bach Habersaat, Director of Group Communications, phone: +45 7220 7152
orkaspar.bach@st-group.com.

For investor enquiries:
Torben Sand, Head of Investor Relations, phone: +45 7220 7126
ortorben.sand@st-group.com.

About Scandinavian Tobacco Group

Scandinavian Tobacco Group A/S with its subsidiaries (the "Group
") is a world leading producer of cigars and traditional pipe tobacco. The
Group also produces fine-cut tobacco and sells tobacco-related accessories.
The Group produces and sells 3 billion cigars and 5,000 tonnes of pipe and
fine-cut tobacco annually. Scandinavian Tobacco Group believes it is the only
company globally with a core strategic focus on production and distribution
in all of these tobacco categories.

Scandinavian Tobacco Group holds market-leading positions in the machine-made
cigar market in Europe, the handmade cigar market in the US, the online and
catalogue retail sales of cigars in the US, the traditional pipe tobacco
market globally and in selected fine-cut tobacco markets.

Scandinavian Tobacco Group has a diversified portfolio of more than 200 brands
providing a complementary range of established global brands and local
champions. In the cigar segment, the brand portfolio comprises Café Crème,
La Paz, Macanudo, CAO, Partagas (US) and Cohiba (US). Pipe tobacco brands
include Captain Black, Erinmore, Borkum Riff and W.Ø. Larsen, while leading
fine-cut tobacco brands include Bugler, Break, Escort, Bali Shag and
Tiedemanns.

As at 31 December 2015, the Group employed approx. 8,100 people in the
Dominican Republic, Honduras, Nicaragua, Indonesia, Europe, New Zealand,
Australia, Canada and the US.

For more information please visitwww.st-group.com.
Press release (PDF)
http://hugin.info/171738/R/1986748/729018.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Scandinavian Tobacco Group A/S via Globenewswire

HUG#1986748

Författare WKR

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