Com Hem announces the issue of SEK 2,500,000,000 Senior Secured Notes

Com Hem Holding AB (publ) today announces that its subsidiary NorCell Sweden
Holding 3 AB (publ) (the “Issuer”) has issued new Senior Secured Notes (the “New
Notes”), in the total amount of SEK 2,500 million due 2019, as part of the
financing of the redemption of its outstanding SEK 3,492,306,000 Senior Secured
Notes due 2018 (the “Existing Notes”).
The redemption of the Existing Notes including call premium and transaction
expenses will be financed with the proceeds from the New Notes, a new credit
facility of SEK 375 million and a drawdown of the existing revolving credit
facility. The redemption date for the Existing Notes is scheduled for November
12, 2014. Com Hem will on or around November 11, 2014 communicate in a press
release if the conditions for redemption of the Notes are satisfied or waived.

The New Notes have a fixed rate coupon of 5.25% and matures in November 2019.
The Issuer intends to apply for a listing of the New Notes on NASDAQ OMX
Stockholm.

The blended interest rate of the new financing package is approximately 4.4%
compared to the existing fixed interest of 9.25% for the Existing Notes to be
redeemed.

For queries, please contact:

Investors

Tomas Kihlstrand, Interim CFO
Tel: +46(0)725 45 99 16
Investor.relations@comhem.com

Carolina Haglund Strömlid, Head of Investor Relations
Tel: +46(0)708 80 71 73
Investor.relations@comhem.com

Press

Fredrik Hallstan, Head of PR
Tel: +46(0)761 15 38 30
press@comhem.com

Disclaimer

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the “Securities
Act”).

Com Hem Holding AB (publ) discloses the information provided herein pursuant to
the Swedish Securities Markets Act (2007:528) and the Swedish Financial
Instruments Trading Act (1991:980). The information was submitted for
publication at 18:05 CET on October 23, 2014.

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as “believe,” “expect,” “anticipate,”
“intends,” “estimate,” “will,” “may,” "continue," “should” and similar
expressions. The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further assumptions.

Although Com Hem believes that these assumptions were reasonable when made,
these assumptions are inherently subject to significant known and unknown risks,
uncertainties, contingencies and other important factors which are difficult or
impossible to predict and are beyond its control. Such risks, uncertainties,
contingencies and other important factors could cause actual events to differ
materially from the expectations expressed or implied in this release by such
forward-looking statements.

The information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice.

About Com Hem

Com Hem is one of Sweden’s leading suppliers of television, high-speed broadband
and fixed-telephony. Approximately 39%, 1.83 million, of Sweden’s households are
connected to Com Hem’s network, with access to the market’s broadest range of
television services. Com Hem offers attractively priced, high-quality services
for television, high-speed broadband, fixed-telephony and has a competitive B2B
-offer of broadband and telephony services. Com Hem was established in 1983, has
approximately 1,000 employees and its head office in Stockholm. Operations are
run through three subsidiaries; Com Hem AB, Phonera Företag AB and ITUX
Communication AB. Com Hem is listed on NASDAQ OMX Stockholm. For more
information, visit: www.comhemgroup.com.