Com Hem prices its initial public offering at SEK 58 per share - trading commences on NASDAQ OMX Stockholm today

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Press Release June 17, 2014

Com Hem Holding AB (publ) (“Com Hem” or “the Company”), a leading provider of
TV, broadband and fixed telephony services in Sweden, today announces an offer
price of SEK 58 per share in its initial public offering (“IPO” or “the
Offering”) of newly issued shares. Admission to trading and listing on the
NASDAQ OMX Stockholm will take place today, June 17, 2014. The Offering was over
-subscribed several times and attracted strong interest among Swedish and
international institutional investors as well as Swedish retail investors.

Highlights of the Offering

  · The price per share of SEK 58 gives Com Hem a market capitalisation of SEK
11,470 million, before exercise of the over-allotment option
  · The Offering comprises 97,754,179 newly issued shares resulting in gross
proceeds to the Company of SEK 5,670 million, before exercise of the over
-allotment option
  · The Company has granted the joint global coordinators an over-allotment
option, of up to 9,775,418 newly issued shares, which is exercisable in whole or
in part for a period of 30 days as of June 17, 2014. If the over-allotment
option is exercised in full, it would result in additional gross proceeds of SEK
567 million to the Company
  · The shares have been allocated to international and Swedish institutional
investors as well as to the general public in Sweden
  · Trading in the Com Hem shares commences today, June 17, 2014, and the
trading symbol of the Company’s share on NASDAQ OMX Stockholm is “COMH”
  · BC Partners, who did not sell any shares in the Offering, remains the
largest investor in Com Hem with a 50.0 % holding in the Company post the
Offering assuming the over-allotment option is not exercised, and 47.7 %
assuming the over-allotment option is exercised in full

Anders Nilsson, CEO of Com Hem said:

“We are very pleased with the success of the IPO as it reflects the investor
community’s confidence in our strategy and our ability to benefit from the
investments made in our network, products and services. With the support of our
new shareholders, we are in a strong position to move forward and to grow our
business”

Nikos Stathopoulos, Managing Partner at BC Partners said:

“We now have a strong and diverse shareholder base with well-reputed
international and Swedish institutional investors, as well as a solid base of
Swedish retail investors. The strong demand to participate in Com Hem’s IPO is
testament to the Company’s quality and long-term growth prospects and we look
forward to continuing to support Com Hem as a listed company”

J.P. Morgan, Morgan Stanley and Nordea acted as joint global coordinators and
joint bookrunners, Carnegie as joint bookrunner and Rothschild as financial
advisor to the Company and the owners.

For further information, contact:

Fredrik Hallstan, Head of PR, Com Hem

Tel:                   +46-761 15 38 30

E-mail:              fredrik.hallstan@comhem.com

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, with access to the market’s broadest range of television
services. Com Hem offers attractively priced, high-quality and comprehensive
services for television, high-speed broadband and fixed-telephony. The Company
was established in 1983 and has approximately 1,050 employees and its head
office in Stockholm. Com Hem’s principal shareholders are funds advised by BC
Partners. For more information,
visit: www.comhemgroup.com (http://www.comhem.com/).

About BC Partners

BC Partners is a leading private equity firm with advised funds of EUR 12.6
billion. Established in 1986, BC Partners has played an active role in
developing the European buy-out market for 27 years. BC Partners executives
operate as an integrated team through the firm’s offices in Europe and North
America, acquiring and developing businesses to create value in partnership with
management. Since inception, BC Partners has completed 85 investments in
companies with a total enterprise value of EUR 88 billion and is currently
investing its ninth fund, which was raised in 2011 with total commitments of EUR
6.7 billion. For more information, visit: www.bcpartners.com.

Copies of this announcement are not being made and may not be distributed or
sent into the United States, Australia, Canada, Japan or any other jurisdiction
in which such distribution would be unlawful or would require registration or
other measures.

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”), and accordingly may not be offered or sold in the United States absent
registration or an exemption from the registration requirements of the
Securities Act and in accordance with applicable U.S. state securities laws.
The Company does not intend to register any part of the offering in the United
States or to conduct a public offering of securities in the United States.

Any offering of the securities referred to in this announcement will be made by
means of a prospectus. This announcement is not a prospectus for the purposes of
Directive 2003/71/EC (together with any applicable implementing measures in any
Member State, the “Prospectus Directive”).  Investors should not subscribe for
any securities referred to in this announcement except on the basis of
information contained in the aforementioned prospectus.

In any EEA Member State other than Sweden that has implemented the Prospectus
Directive, this communication is only addressed to and is only directed at
qualified investors in that Member State within the meaning of the Prospectus
Directive, i.e., only to investors who can receive the offer without an approved
prospectus in such EEA Member State.

This communication is only being distributed to and is only directed at persons
in the United Kingdom that are (i) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005, as amended (the “Order”) or (ii) high net worth entities,
and other persons to whom this announcement may lawfully be communicated,
falling within Article 49(2)(a) to (d) of the Order (all such persons together
being referred to as “relevant persons”).  This communication must not be acted
on or relied on by persons who are not relevant persons. Any investment or
investment activity to which this communication relates is available only to
relevant persons and will be engaged in only with relevant persons. Persons
distributing this communication must satisfy themselves that it is lawful to do
so.

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.