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2016-05-13

NOTE: NOTE selling operation in Norway

As part of NOTE's streamlining process, its unit in Oslo has been sold
to Dynamic Precision AS of Norway, effective today. In 2015, the
Norwegian operations generated sales of NOK 52 million, but made a
negative contribution to NOTE's earnings.

"This is a natural step in our strategic direction and streamlining of
NOTE. We are focusing on continuing to increase sales and
profitability by investing in markets where we see continued positive
growth potential," commented Stefan Hedelius, CEO and President.

In recent years, NOTE has evolved into a stable company with high
delivery position and quality, simultaneous with steady improvements
to sales growth and profitability.

For more information, please contact:
Stefan Hedelius, CEO and President, tel. +46 (0)76 100 0731
Henrik Nygren, CFO, tel. +46 (0)8 568 99003, +46 (0)70 977 0686
About NOTE
NOTE is one of the leading northern European manufacturing and
logistics partners for production of electronics-based products. NOTE
produces PCBAs, subassemblies and box build products. NOTE's offering
covers the whole product lifecycle, from design to after-sales. NOTE
has a presence in Sweden, Finland, the UK, Estonia and China. For the
past twelve months, net sales were SEK 1,125 million; the group has
approximately 960 employees. NOTE is listed on Nasdaq Stockholm. For
more information, please go to www.note.eu.

NOTE AB (publ) discloses the information provided herein pursuant to
the Swedish Securities Markets Act. This information was submitted
for publication on 13 May 2016 at 1:00 p.m.

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http://news.cision.com/note/r/note-selling-operation-in-norway,c2008788
http://mb.cision.com/Public/165/2008788/8bd28cba25d7c51f.pdf

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