Arise announces the sale of its 46.2 MW Brotorp wind farm to a fund managed by BlackRock

Arise AB (publ) (“Arise”), has entered into an agreement with a fund managed by
BlackRock (“BlackRock”), the world’s largest asset manager, for the sale of the
construction-ready 46.2 MW Brotorp wind farm (the “Project”). Pursuant to the
agreement, Arise has received 1.7 MEUR and will further receive 5.0 MEUR in
additional consideration provided commissioning of the Project according to
plan. The final consideration to be paid by BlackRock to Arise pursuant to the
agreement may only be adjusted (upwards or downwards) based on the outcome of
the construction of the Project.

Arise will manage the construction of the Project, and once operational, operate
the Project on behalf of BlackRock through a construction and asset management
agreement.

Arise expects that the sale will have a positive impact on earnings of approx. 9
MSEK in 2014 and 37 MSEK in 2015. Arise will also receive asset management
revenues under a 5-year contract after the Project has been commissioned.

Total project costs are estimated to approx. 71 MEUR. BlackRock will provide
equity to the Project and a project finance facility has successfully been
secured from SEB. Vestas will be supplying 14 Vestas V126 3.3 MW turbines for
the Project and a 10-year Power Purchase Agreement has been entered into with
Axpo Nordic. Construction of the Project has begun and commissioning is expected
in November 2015.

“We are delighted to have partnered with BlackRock in this project. This is a
transaction fully in line with our strategy to generate cash flow not only from
our own wind farms but also from project development and construction and assets
management services. We take pride in the fact that BlackRock also has chosen us
to manage the construction and the future operation of the project. This
demonstrates the value of our project portfolio as well as our construction and
asset management platform. We look forward to a successful long term
relationship with BlackRock”, says Peter Nygren, CEO of Arise.

“Our partnership with Arise creates an exciting investment opportunity for
BlackRock’s clients. We look forward to working together with such a high
quality developer in the Swedish onshore wind sector”, says Rory O’Connor,
Managing Director BlackRock Renewable Power.

Halmstad 12 November, 2014

ARISE AB (publ)

For further information, please contact

Peter Nygren, CEO Arise AB, +46 706 300 680

Linus Hägg, Head of Corporate Finance, +46 702 448 916

The information contained herein constitutes information which Arise AB is
legally required to publish under the Swedish Securities Market Act (2007:528)
and/or the Swedish Financial Instruments Trading Act (1991:980). The information
was released for publication at 07.55 a.m. on 12 November 2014.
About Arise

Arise is one of Sweden's leading onshore wind power companies. The
company´s business concept is to develop, build and manage wind farms for its
own and investors´ account with the aim of selling electricity produced by
onshore wind turbines. Arise is listed on NASDAQ OMX Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone 46 (0)35 20
20 900, corporate id .no. 556274-6726

E-mail info@arise.se, www.arise.se