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2014-05-27

Kinnevik: Cecilia Lundin leaves her position as HR Director at Kinnevik

Kinnevik today announced that Cecilia Lundin has tendered her resignation as
HR Director of Kinnevik and will be leaving her post with immediate effect.
Cecilia Lundin joined Kinnevik in September 2013.

Her responsibilities will be assumed by Lorenzo Grabau and Mikael Larsson, CEO
and CFO of Kinnevik, respectively.

"I want to thank Cecilia for her important contribution to developing and
executing the HR strategy at Kinnevik and at several of its investee
companies including BillerudKorsnäs and Tele2. I wish her the best in her
future endeavors" says Lorenzo Grabau, CEO of Kinnevik.

For further information, visit
www.kinnevik.seor contact:

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|Torun Litzén, Director Investor Relations +46 (0)8 562 000 83 |
| +46 (0)70 762 00 83 |
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Investment AB Kinnevik is a leading, long-term oriented, investment company
based in Sweden. Kinnevik primarily invests in consumer centric businesses
that provide innovative and value-added technology-enabled services. Our main
areas of focus are the Communications, e-Commerce, Entertainment and
Financial Services sectors. We own significant stakes in over 50 companies
that operate in more than 80 countries across five continents, with a
particular emphasis on growth markets. The Kinnevik Group employs more than
90 000 people around the world.

Kinnevik actively supports the companies in which it invests and plays an
influential role on their respective Boards. Kinnevik was founded in 1936 by
three Swedish families who continue to play a leadership role in the
ownership of the Company and in the pursuit of its entrepreneurial ventures.

Kinnevik's shares are listed on Nasdaq OMX Stockholm's list for large cap
companies under the ticker codes KINV A and KINV B.

Press release
http://hugin.info/1114/R/1788619/614552.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: Kinnevik via Globenewswire

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