BE Group’s rights issue oversubscribed

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| Source: BE Group AB
The new share issue in BE Group with preferential rights for the company’s share
-holders, for which the subscription period ended on 7 March 2014, has been
oversubscribed. 99.1 per cent of the shares offered have been subscribed for
with subscription rights and 0.9 per cent of the shares offered have been
allocated to persons who have notified a wish to subscribe for additional shares
in addition to what they subscribed for with subscription rights. In total, such
notifications have been received corresponding to 70 per cent of the shares
offered. Hence, the rights issue guarantee undertakings have not been made use
of.

Allocation of shares that were subscribed for without subscription rights has
been made in accordance with the principles outlined in the prospectus that has
been prepared in connection with the rights issue and that was published on 18
February 2014, i.e. in proportion to the number of exercised subscription
rights. Notification regarding such allocation will within short be sent to
those who have been allocated shares.

"We are pleased to note the great interest in our rights issue", says Kimmo
Väkiparta, President and CEO of BE Group.

Through the rights issue, BE Group receives SEK 160.7 million before deduction
of transaction costs. The share capital will increase by SEK 50.5 million from
SEK 102.0 million to SEK 152.5 million and the number of shares will increase by
24,728,128 from 50,000,000 shares to 74,728,128 shares when the rights issue has
been registered with the Swedish Companies Registration Office. Trading in the
new shares on NASDAQ OMX Stockholm is expected to commence around 1 April 2014.

For further information, please contact:
Kimmo Väkiparta, President and CEO tel.: +46 (0)705 972 342  e-mail:
kimmo.vakiparta@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 2013, the Group reported sales of
SEK 4.0 Bn. BE Group has approximately 800 employees, 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

Important information
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action is wholly or partially subject to legal restrictions or where such action
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No subscription rights, BTAs (interim shares) or new shares have or will be
registered under the United States Securities Act of 1933 (“Securities Act”) or
securities legislation in any state or other jurisdiction in the United States
and may not be offered, subscribed, sold or transferred, directly or indirectly
within the United States, other than pursuant to an exemption from the
registration requirements of the Securities Act and in accordance with
securities laws in relevant state or other jurisdiction in the United States.