Kinnevik acquires Emesco and strengthens the ownership in MTG and Tele2



This press release is not  for distribution, directly or  indirectly,
in  or  into  the  United  States  (including  its  territories   and
possessions, any  State of  the  United States  and the  District  of
Columbia). This press release does not  constitute or form a part  of
any offer or solicitation to purchase or subscribe for securities  in
the United States.  The shares  mentioned herein have  not been,  and
will not be,  registered under  the United States  Securities Act  of
1933 (the "Securities Act").
The shares may not  be offered or  sold in the  United States or  to,
except pursuant to an exemption from the registration requirements of
the Securities Act. There  will be no public  offer of securities  in
the United States.
This press release is a  translation from the Swedish language  press
release. In  the  event  of any  discrepancies  between  the  Swedish
version and the English version, the Swedish version shall prevail.

PRESS
RELEASE
23 April 2009

 KINNEVIK ACQUIRES EMESCO AND STRENGTHENS THE OWNERSHIP IN MTG AND
TELE2

Further step in simplifying the ownership structure and aligning  the
ownership interest between Kinnevik and its major shareholders
-                Concentration  of  main  shareholders'  holdings  to
Kinnevik - increased transparency
-                Increases   Kinnevik's   strategic   and   financial
flexibility
Kinnevik acquires holdings with a market value of SEK 1,522 million
-               Kinnevik increases its holding in MTG to 20.5% of the
capital and its holding in Tele2 to 30.8% of the capital
-               In addition, Kinnevik increases its holdings in Metro
and Transcom
Strengthening of Kinnevik's financial position
-               Consideration in the form  of issue of 16.68  million
new Kinnevik class B-shares to the shareholders of Emesco at a  price
of SEK 87.72 per  share, corresponding to a  premium of 17.5% to  the
volume weighted average share price over the last ten trading days
-               Kinnevik's  net asset  value (NAV)  increases by  SEK
1,522 million
The transaction is supported by Kinnevik shareholders representing in
total 31.6% of capital and 67.1% of votes, of which Emesco represents
9.5% of capital and 35.5% of votes

Attachments

Press release.pdf