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2016-04-15

OPCON: Trention (formerly Opcon): Change to income statement previously presented in 2015 financial statement

PRESS RELEASE 15 April 2016 Stockholm

Trention has established that in its 2015 financial statement the
company has not recognised capital gains from the sale of business
activities within Compressor Technology and Waste Heat Recovery in
accordance with IFRS 5.

In Trention's financial statement, published on 22 February 2016, the
capital gains from the sale, SEK 167.2 million, was recognised as
other income in the income statement. IFRS 5 states that capital
gains shall be recognised in the income statement as earnings from
divested business.

In the company's annual report, which will be published shortly, a
number of items will be amended. These changes will not affect
earnings for the period, but changes will be made in the allocation
of results from remaining business and results from divested
business.

These changes will not affect the balance sheet, nor the net financial
receivables in the Group as of 31 December 2015, which amounted to
SEK 329.3 million.

The table below presents the main differences between the annual
report and the financial statement.

[image]

For further information, please contact
Niklas Johansson, vice president, Investor Relations, tel. 00 46 8-466
45 00, 00 46 70-592 54 53

Trention AB, Box 15085, 104 65 Stockholm
Tel. 00 46 8-466 45 00, fax 00 46 8-716 76 61, e-mail:
info@trention.se

www.trention.se
Trention, which recently changed name from Opcon, is an energy and
environmental technology Group that develops, produces and markets
systems and products for eco-friendly, efficient and
resource-effective use of energy with focus on bioenergy. Trention
has activities in Sweden, Germany and the UK. There are around 115
employees. The company's shares are listed on Nasdaq OMX Stockholm
under the OPCO ticker (changing to TRENT).

The information in this press release is published by Trentino AB
(publ) in accordance with the Swedish Securities Market Act and / or
the Swedish Act on trading in financial instruments. The information
was submitted for publication on Friday, 15 April 2016, at. 15:15
(CET).

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http://news.cision.com/opcon/r/trention--formerly-opcon--change-to-incom...
http://mb.cision.com/Main/494/9956758/501723.pdf

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