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2016-01-15

Ratos: Torbjörn Wik new acting CEO of KVD

This information is disclosed pursuant to the Swedish Securities Market Act,
the Swedish Financial Instruments Trading Act or requirements stipulated in
the listing agreement.

Torbjörn Wik has been appointed new acting CEO of KVD, Sweden's largest
independent online marketplace offering broker services for second-hand
vehicles. After eight active years in the company, seven of which as CEO,
Ulrika Drotz Molin has elected to resign to pursue new challenges. The
recruitment process for a permanent replacement has begun.

Torbjörn has extensive experience of the role of CEO from companies whose core
operations have been online services and e-commerce, recently as acting CEO
of inkClub. He was formerly acting CEO for Oniva Online Group. Torbjörn will
assume the position of acting CEO in January.

"Under Ulrika's leadership, KVD has the past years implemented many exciting
growth initiatives, including those in the private car area where KVD has
established a clearer consumer brand. Our strategy going forward markedly
focuses on online service and e-commerce, areas in which Torbjörn has
long-standing experience and can continue to develop KVD while we look for a
new permanent CEO. We still see vast potential for growth in KVD's unique
business model and market position," says Susanna Campbell, CEO of Ratos.

KVD was acquired in 2010 and is today Sweden's largest independent online
marketplace offering broker services for second-hand vehicles. The company
has about 170 employees, reported sales of SEK 315 m in 2014 and an adjusted
operating profit (EBITA) of SEK 44 m.

For questions, please contact:

Lars Johansson, Investment Director, +46 8 700 17 00
Elin Ljung, Head of Corporate Communications, +46 8 700 17 20

Financial calendar from Ratos:

-------------------------------------------------------
| Year-end report 2015 17 February 2016 |
| Annual General Meeting 2016 14 April 2016 |
| Interim report January-March 2016 10 May 2016 |
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Ratos owns and develops unlisted medium-sized Nordic companies. The company's
goal as an active owner is to contribute to the long-term and sustainable
business development of its companies and to conduct value-generating
transactions. Ratos's portfolio comprises AH Industries, Aibel, ArcusGruppen,
Biolin Scientific, Bisnode, DIAB, Euromaint, GS-Hydro, HENT, HL Display,
Jøtul, KVD, Ledil, Mobile Climate Control, Nebula, Speed Group and TFS. Ratos
is listed on Nasdaq Stockholm and has a total of approximately 17,000
employees
.

Press release (PDF)
http://hugin.info/1180/R/1978966/724825.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: Ratos via Globenewswire

HUG#1978966

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