NAXS makes a NOK 40 million commitment to Herkules Private Equity Fund III LP

Stockholm, September 12, 2008                                                   
PRESS RELEASE	                                                                  
				                                                                            
This announcement is not an offer of securities for sale in the United States   
nor in any other country, and securities may not be offered or sold in the      
United States absent registration or an exemption from registration under U.S.  
Securities Act of 1933, as amended, and the rules and regulations thereunder.   
Nor does it constitute or form part of, and may not be used for the purposes of,
any offer or invitation to sell or issue, or any solicitation of any offer to   
purchase or subscribe for, any securities by any person in any jurisdiction, nor
shall it or the fact of its distribution form the basis of, or be relied upon in
connection with, or act as any inducement to enter into, any contract or        
commitment to do so, in which (i) such offer or invitation is not authorised; or
(ii) in which the person making such offer or invitation is not qualified to do 
so; or (iii) to any person to whom it is unlawful to make such offer or         
invitation.                                                                     

NAXS makes a NOK 40 million commitment to Herkules Private Equity Fund III LP   

NAXS Nordic Access Buyout Fund AB (“NAXS”) has made a NOK 40 million commitment 
to Herkules Private Equity Fund III LP (“Herkules Fund III”).                   
Herkules Fund III is the third fund raised by Herkules Capital (formerly FERD   
Equity Partners), a Norwegian private equity manager based in Oslo. While the   
fund is not sector-specific, it is expected to have a particular focus on the   
oil services, retail, services, telecom and healthcare industries. Herkules Fund
III will target investments in mid-size companies in Norway and the Nordic      
Region with an enterprise value of between ca. EUR 30-300 million.              
Further to its commitment to Herkules Fund III, NAXS has committed 100% of its  
equity, providing investors with an exposure to the Nordic small-, mid- and     
large-cap buyout segments, as well the pan-European large cap segment. Besides  
Herkules Fund III, NAXS has made investment commitments to Apax Europe VII, FSN 
Capital III, Intera Fund I, Nordic Capital Fund VII and Valedo Partners Fund I. 
NAXS has the option to commit 130% of its equity and expects to be able to use  
over-commitment possibilities in order to make new commitments to private equity
funds in the near future.                                                       
For additional information, please refer to www.naxs.se                         

Contact                                                                         
Jeff Bork, CEO, NAXS Nordic Access Buyout Fund AB, tel: +46 761-000 000         

NAXS operates as a private equity fund-of-funds with investments in buyout funds
with a Nordic focus. The objective is to make the Nordic private equity market  
accessible for a broader circle of investors, while offering liquidity through  
the Company's market-introduced shares.