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Kinnevik: Kinnevik divests its remaining interest in Transcom

Investment AB Kinnevik ("Kinnevik") today announced that it has divested its
remaining 1.9 million shares in Transcom WorldWide AB ("Transcom"),
corresponding to 7.4% of the outstanding shares in the company, for a total
consideration of SEK 162m. The average price was SEK 84 per share.

Lorenzo Grabau, CEO of Kinnevik commented: "In the past four years, Transcom
has undergone a transformation process that has positioned the company on a
path of growth and improving profitability. Given Kinnevik's strategy of
focusing on digital consumer services companies, the sale of our remaining
interest in Transcom is a further step in the execution of our strategy."

SEB acted as placing agent in the transaction.

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

| Torun Litzén, Director, Investor Relations Phone +46 (0)8 562 000 83 |
| Mobile +46 (0)70 762 00 83 |

Kinnevik is an entrepreneurial investment group focused on building digital
consumer brands in four sectors: Communication, E-commerce&Marketplaces,
Entertainment, and Financial Services. We work in partnership with talented
founders and managers to create, invest in and lead fast growing digital
businesses both in developed and developing countries. 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.

Press release


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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