First exit in NAXS' portfolio: Valedo Fund I divests Solhagagruppen to Bridgepoint

Stockholm 03-25-2010

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. 
First exit in NAXS' portfolio:

Valedo Fund I divests Solhagagruppen to Bridgepoint

Valedo and minority shareholders have entered into an agreement to divest
Solhagagruppen AB to Bridgepoint Development Capital. Solhagagruppen is
Sweden's leading focused provider of full responsibility LSS1 and associated
services to children, youth and adults with functional impairments, with a
clear focus on users 
with autism spectrum disorders and related diagnoses.

Valedo acquired a majority stake in Solhagagruppen in 2007 and initiated an
accelerated development and growth phase. Over the past three years, the company
has evolved from a local provider of LSS-services to adults into the Sweden's
leading 
LSS-provider. Under Valedo's ownership, sales have tripled, increasing from SEK
~100 millions to SEK ~300 millions annually and Solhagagruppen has completed
five acquisitions to strengthen and complement is offering.

Terms of the agreed transaction, which is subject to regulatory approvals, are
not 
disclosed.

Valedo is an independent Swedish private equity fund managing SEK 1 billion for
investments in high-quality small/mid cap companies in the Nordic region.

NAXS has a SEK 60 million commitment to Valedo.

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.