COM HEM ANNOUNCES THE CONDITIONAL REDEMPTION OF THE 2014 SENIOR NOTES

Com Hem Holding AB (publ) today announces that its subsidiary NorCell Sweden
Holding 3 AB (publ) (the “Issuer”) has issued a notice of conditional redemption
for all of its Senior Notes (the “Redemption”) in the amount of SEK 2,500
million due 2019 (the “2014 Senior Notes”).

The Redemption is subject to the completion of one or more financing
transactions on terms acceptable to the Issuer in its sole discretion and that
result in aggregate proceeds sufficient to redeem the 2014 Senior Notes in full.

Com Hem will explore various sources of financing for the redemption of the 2014
Senior Notes, including the possibility to issue new notes, take up new credit
facilities, draw funds under existing credit facilities, or a combination of the
three.

For queries, please contact:

Investors
Marcus Lindberg, Investor Relations Manager
Tel: +46(0)734 39 25 40
marcus.lindberg@comhem.com

Media
Max Hellström, Head of PR
Tel: +46(0)734 39 26 03
press@comhem.com (http://file:///C:\Users\chka01\AppData\Local\Microsoft\Windows
\ 
Temporary%20Internet%20Files\Content.Outlook\5EU70W97\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”).

Forward looking statements
Certain statements contained in this announcement are, or may be deemed to be,
“forward-looking statements”. These forward-looking statements can be identified
by the use of forward-looking terminology, including the terms “believes”,
“estimates”, “plans”, “expects”, “intends” or “may” or, in each case, their
negative or other variations or comparable terminology, or by discussions of
strategy, plans, objectives, goals, future events, expectations or intentions.
These forward-looking statements include all matters that are not historical
facts. They include, but are not limited to, statements regarding the company's
intentions, beliefs or current expectations concerning, among other things, the
company’s results of operations, financial position, prospects, costs and other
developments. By their nature, forward-looking statements involve risk and
uncertainty because they relate to future events and circumstances. Forward
-looking statements are not guarantees of future performance and the company's
actual results and developments may differ materially from those described in,
or suggested by, the forward-looking statements contained in this announcement.
In addition, even if the company's results and developments are consistent with
the forward-looking statements contained in this announcement, those results or
developments may not be indicative of results or developments in subsequent
periods. A number of factors could cause results and developments to differ
materially from those expressed or implied by the forward-looking statements
including, without limitation, future market, economic and business conditions
and trends, interest rates and the behaviour of other market participants. As a
result, investors are cautioned not to place undue reliance on such forward
-looking statements.

Forward-looking statements may, and often do, differ materially from actual
results. Any forward-looking statements in this announcement speak only as of
the date of this announcement and reflect the company’s current view with
respect to future events. The company explicitly disclaims any obligation or
undertaking publicly to release the result of any revisions to any forward
-looking statements in this announcement that may occur due to any change in the
company’s expectations or to reflect events or circumstances after the date of
this announcement, except where it would be required to do so under applicable
law.

About Com Hem
Com Hem offers broadband, TV, play and telephony services to Swedish households
and companies. Approximately 40 percent of the country's households are
connected to Com Hem's network, making Com Hem an important driver of digital
Sweden. We offer broadband speeds of up to 1 Gbit/s and a wide range of channels
via digital TV at home or mobile via Com Hem Play. The company was founded in
1983 and has approximately 1,200 employees including about 700 within customer
service. Com Hem is headquartered in Stockholm and operates through three
subsidiaries; Com Hem AB, Phonera Företag AB and iTUX Communication AB. In
September, 2016, Com Hem acquired Boxer TV-access AB. In 2015, Group sales
totalled SEK 5,000 million. Since 2014 the Com Hem share is listed on Nasdaq
Stockholm. www.comhemgroup.com (http://www.comhemgroup.com).

This information is information that Com Hem Holding AB (publ) is obliged to
make public pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact person set out
above, at 15.15 CET on November 1, 2016.