Significant carried interest income from the Ljunghäll exit - CapMan specifies its result estimate for 2014

CapMan Plc Stock Exchange Release - 16 December 2014 at 6.00 p.m. EET

Significant carried interest income from the Ljunghäll exit - CapMan specifies
its result estimate for 2014

CapMan specifies its estimate of the operating profit and earnings per share for
2014 and estimates the operating profit to be EUR 6-7 million (EUR 3.3 million
in 2013) and the earnings per share to be 3-4 cents (-1.2 cents in 2013). The
estimate is affected by the following factors:

  * Funds managed by CapMan have sold Metallfabriken Ljunghäll AB ("Ljunghäll")
    to Gnutti Carlo, a global supplier to the automotive industry. As a result
    of the transaction, CapMan Group receives over EUR 6 million of carried
    interest income from the exiting funds. The transaction contributes over EUR
    7 million in cash flow to CapMan Group including returns from CapMan's own
    fund investments.
  * Based on preliminary data, the fair value development of CapMan's own fund
    investments towards the end of the year is estimated to be negative.

The specification of the operating profit and earnings per share estimate is in
line with CapMan's previous outlook estimate. Previously the company estimated
its earnings per share to improve significantly from the level achieved in 2013
primarily due to increasing operating profit.

"As a result of the Ljunghäll exit, the Finnmezzanine III A, CapMan Equity VII A
and CapMan Equity Sweden KB funds transfer to carry and CapMan receives carried
interest income from several funds. We are very satisfied to have achieved our
target in this regard," says Heikki Westerlund, CEO of CapMan.

Funds managed by CapMan invested in Ljunghäll in 2003. Today the company is a
leading European manufacturer of technically advanced aluminium die-cast
products. Ljunghäll's production facilities are located in Södra Vi in Sweden
and Caslav in Czech Republic and main customers include Volvo AB, Volvo Cars
Corporation, Scania, Daimler and Ericsson. Ljunghäll's turnover is approx. EUR
120 million and it employs around 800 people. Funds managed by CapMan owned
approx. 68% of Ljunghäll's shares before the transaction.

"We are very pleased with the development of Ljunghäll over these past few
years. Despite the challenges in the automotive industry after the financial
crisis, the company has now completed its turn-around and the outlook is strong.
For Ljunghäll's future development, it is important to have manufacturing
presence in Asia. We believe that with a new owner with global presence, the
company will continue to develop favourably," comments Markus Sjöholm, Senior
Partner and Head of CapMan Buyout.



For more information, please contact:
Markus Sjöholm, Head of CapMan Buyout, Senior Partner, tel. +358 40 508 0121
Heikki Westerlund, CEO, CapMan Plc, tel. + 358 50 559 6580



CAPMAN PLC
Hanna Hinkkanen
Communications Officer



Distribution:
NASDAQ OMX Helsinki
Principal media
www.capman.com


CapMan www.capman.com
CapMan Buyout is the largest mid-market private equity team in the Nordic
region, with 15 investment professionals in Finland and Sweden and 25 years of
experience. The team has made approx. 80 investments and approx. 60 exits and
its tenth fund CapMan Buyout X is currently in active investment phase.

CapMan Buyout is part of CapMan Group, a leading private equity firms in the
Nordic countries and Russia, with assets under management of €3.2 billion.
CapMan has five key investment partnerships - CapMan Buyout, CapMan Real Estate,
CapMan Russia, CapMan Credit and CapMan Public Market - each of which has its
own dedicated investment team and funds. Altogether, CapMan employs approx. 100
people in Helsinki, Stockholm, Moscow, Luxembourg and London.

Ljunghäll www.ljunghall.se
Founded in 1917, Metallfabriken Ljunghäll specialises in development, design,
production and sales of technically advanced high pressure aluminium die-
casting. The company's primary customers operate in car, heavy vehicle and
telecom industries. It is the leading player in the Nordic countries with modern
production facilities in Sweden and the Czech Republic.





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