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2016-10-26

Kinnevik: Interim Report 1 January - 30 September 2016

Portfolio companies' performance

* Zalando's preliminary numbers for the third quarter showed revenue growth
of 16-18% with an EBIT margin of 1.0-3.0%
* Millicom's organic service revenues declined by 0.2% in the third quarter
and the adjusted EBITDA margin amounted to 36%
* Tele2 grew its third quarter revenues by 3% and delivered an EBITDA margin
of 22%
* MTG reported third quarter organic revenue growth of 7% and an EBIT margin
before non-recurring items of 4%

Kinnevik investment activities

* Total investments of SEK 742m in the third quarter, all into existing
companies
* Global Fashion Group closed its EUR 330m funding round, with Kinnevik
investing EUR 161m in total whereof EUR 61m in the third quarter
* Linio completed a EUR 50m funding round, with a Kinnevik participation of
EUR 12m
* Home24 completed a EUR 20m funding round, with Kinnevik investing EUR 2.8m

Kinnevik financial position

* Net Asset Value of SEK 74.5bn (SEK 271 per share), up 15% or SEK 10.0bn in
the quarter, driven by: * 15% or SEK 8.4bn increase in value of the listed
investee companies, of which Zalando SEK 10.3bn * 16% or SEK 1.6bn increase
in value of the unlisted investee companies, of which GFG SEK 1.5bn
* Net debt position of SEK 0.4bn at the end of the quarter

This information is information that Kinnevik AB (publ) is obliged to make
public pursuant to the EU Market Abuse Regulation and the Securities Markets
Act. The information was submitted for publication, through the agency of the
contact person set out below, at 08.00 CET on 26 October 2016.

For further information, visitwww.kinnevik.comor contact:

Torun Litzén, Director Investor Relations

Phone +46 (0)8 562 000 83
Mobile +46 (0)70 762 00 83

Kinnevik is an industry focused investment company with an entrepreneurial
spirit at its heart. Our purpose is to build the digital consumer businesses
that provide more and better choice. We do this by working in partnership
with talented founders and management teams to create, invest in and lead
fast growing businesses in developed and emerging markets. We believe in
delivering both shareholder and social value by building well governed
companies that contribute positively to society. Kinnevik was founded in 1936
by the Stenbeck, Klingspor and von Horn families. Kinnevik's shares are
listed on Nasdaq Stockholm's list for large cap companies under the ticker
codes KINV A and KINV B.

Report
http://hugin.info/1114/R/2051519/767602.pdf

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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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