BE Group AB transfers own shares

BE Group AB transfers own shares

Based on the authorisation from the Annual General Meeting 2011, the Board of
Directors for BE Group AB (publ) has resolved to transfer own shares on NASDAQ
OMX Stockholm.

In order to hedge certain social security payments related to the share savings
schemes resolved by the Annual General Meeting (“AGM”) 2009 and 2010, the AGM
held on April 28, 2011 authorised the Board of Directors to resolve, on one or
several occasions prior to the AGM 2012, on the transfer of the requisite number
of own shares to hedge the social security payments related to said share
savings schemes, however not exceeding 50,000 shares in BE Group.

On the basis of the AGM’s authorisation, the Board of Directors has resolved to
transfer 5,910 own shares on NASDAQ OMX Stockholm for the hedging of social
security payments related to the share savings scheme which was resolved by the
AGM 2009. The transfer will be made within the spread, i.e. the interval between
the highest purchase price and the lowest sales price. The total number of
shares in BE Group AB amounts to 50,000,000 and the company owns at the time of
this press release 596,637 own shares, intended for ongoing share savings
schemes.

For information related to the implementation of the transfer of own shares,
please see www.nasdaqomxnordic.com.

For further information, please contact:
Roger Johansson, President and CEO
tel.: +46 (0)733 188 758  e-mail: roger.johansson@begroup.com

Torbjörn Clementz, CFO and Executive Vice President
tel: +46 (0)708 690 788  e-mail: torbjorn.clementz@begroup.com

BE Group, listed on the NASDAQ OMX Stockholm exchange, is a trading and service
company in steel and other metals. BE Group provides various forms of service
for steel, stainless steel and aluminium applications to customers primarily in
the construction and engineering sectors. In 2011, the Group reported sales of
SEK 5.9 Bn. BE Group has slightly more than 900 employees in ten countries, with
Sweden and Finland as its largest markets. The head office is located in Malmö,
Sweden. Read more about BE Group at www.begroup.com