Kinnevik : Kinnevik supports rights issue in CDON

              Kinnevik : Kinnevik supports rights issue in CDON

Investment AB Kinnevik (publ) ("Kinnevik") today announced that it intends  to 
subscribe to its pro rata  share of the rights issue  in CDON Group AB  (publ) 
("CDON") and to guarantee the remaining part of the issue.

The issue, which entails preferential rights  to subscribe for new shares  for 
the existing shareholders of CDON, will  amount to approximately SEK 500m  and 
it will  be  fully  underwritten  by  Kinnevik,  CDON's  largest  shareholder. 
Kinnevik, that together with subsidiaries holds  25% of the capital and  votes 
in CDON, has also undertaken to subscribe for its pro rata share of the issue.

The underwriting  is  conditional  upon  the extra  general  meeting  of  CDON 
approving the rights issue with qualified majority. Kinnevik has been  granted 
exception from  a  mandatory  bid  by  the  Swedish  Securities  Council  (Sw: 
Aktiemarknadsnämnden) in connection with the subscription undertaking and  the 
underwriting (see AMN 2013:20, available at www.aktiemarknadsnamnden.se).

Kinnevik discloses the information provided herein pursuant to the  Securities 
Market Act (Sw.  lagen om värdepappersmarknaden  (2007:528)). The  information 
was submitted for publication on 17 April, 2013 at 08.00(CET).

For further information on the rights issue, please refer to CDON at
www.cdongroup.com.

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

Kinnevik was founded  in 1936  and thus embodies  more than  seventy years  of 
entrepreneurship  under  the  same  group  of  principal  owners.   Kinnevik's 
objective is to increase shareholder value, primarily through net asset  value 
growth. The  company's holdings  of growth  companies are  focused around  the 
following comprehensive business sectors;  Telecom & Services, Online,  Media, 
Microfinancing,  Paper  &  Packaging,  and  Agriculture  &  Renewable  energy. 
Kinnevik has  a  long history  of  investing  in emerging  markets  which  has 
resulted in  a considerable  exposure to  consumer sectors  in these  markets. 
Kinnevik plays an active role on the Boards of its holdings.

The Kinnevik's  class A  and  class B  shares are  listed  on the  NASDAQ  OMX 
Stockholm's list for large cap companies, within the financial and real estate
sector. The ticker codes are KINV A and KINV B.

Press release

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Source: Kinnevik via Thomson Reuters ONE
HUG#1693629
 
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