LIFCO COMMENCES TRADING ON NASDAQ STOCKHOLM TODAY

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Lifco AB (publ) (“Lifco” or “the Company”) and its owner Carl Bennet AB (“CBAB”
or “the Principal Shareholder”) today announces the outcome of the offering of
the Company’s series B shares (the “Offering”) and the listing on Nasdaq
Stockholm’s main list.

The interest for the Offering has been significant, both among the general
public in Sweden and among institutional investors in Sweden and abroad. The
Offering was subscribed for more than seven times.

The Offering in brief

  · As previously announced, the price in the Offering is SEK 93 per series B
share (“the Offering Price”), corresponding to a market value of all shares
issued by Lifco of approximately SEK 8.4 billion.
  · The Offering originally comprised 34,602,400 existing series B shares in the
Company, but has, in accordance with the terms of the Offering, been increased
by CBAB with 6,606,700 additional series B shares, entailing that a total of
41,209,100 series B shares, corresponding to approximately 45.4% of the shares
and 28.3% of the votes in Lifco, are sold by the Principal Shareholder.
  · The over-allotment option, which according to the terms of the Offering can
be exercised by the Global Coordinator up until and including 19 December 2014,
could entail that 4,120,900 additional series B shares are included in the
Offering (the “Over-allotment option”).[1] (http://connect.ne.cision.com#_ftn1)
  · Provided that the Over-allotment option is fully exercised, the Offering
will comprise a total of 45,330,000 series B shares, corresponding to
approximately 49.9% of the number of shares in Lifco, which means that the total
value of the Offering amounts to approximately SEK 4.2 billion.
  · As a result of the Offering, more than 14,000 new shareholders have holdings
in Lifco.
  · CBAB has the intention of remaining a long-term majority owner in the
Company and will, if the Over-allotment option is exercised in full, hold
approximately 50.1% of the shares and approximately 68.9% of the votes in the
Company.
  · As previously announced, the Fourth Swedish National Pension Fund (AP4) and
Didner & Gerge Fonder have acquired in total 13,626,400 shares in the Offering,
on the same terms as the other investors, corresponding to approximately 15.0%
of the number of shares in Lifco.
  · Trading in the Lifco share on Nasdaq Stockholm’s main list commences today,
21 November 2014, with the ticker “LIFCO
B”.[2] (http://connect.ne.cision.com#_ftn2)

Fredrik Karlsson, CEO of Lifco, comments:

“Together with all employees in Lifco, I am very happy about the general
public’s as well as investors’ interest and confidence in Lifco. The response
from investors has been very positive both in Sweden and abroad and we will
continue to work diligently in order to increase profits every day.”

Carl Bennet, Chairman of the Board of Directors of Lifco and owner of CBAB,
comments:

“Lifco is a very strong company with leading industry and trade operations in
the group and with strong growth in profits. We are happy about the positive
response that the general public and so many investors have expressed over
Lifco, including its management team and employees. Lifco has now obtained new
long-term and solid owners that will take part in Lifco’s continued growth. At
the same time, Carl Bennet AB has achieved a transparent structure with three
listed holdings in Lifco, Getinge and Elanders.”

Advisors

SEB is acting as Sole Global Coordinator and Bookrunner and ABG Sundal Collier
and Carnegie are acting as Co-Lead Managers (jointly “Managers”) in connection
with the Offering. Vinge and Latham & Watkins are legal advisors to Lifco and
Hammarskiöld & Co is legal advisor to the Managers.

For further information, please contact:

Åse Lindskog

Media and Investor Relations

Tel +46 730 244 872, ir@lifco.se

About Lifco

Lifco acquires and develops market leading, niched companies with a potential to
deliver sustainable profit growth and good cash flow. The Group has three
business areas; Dental, Demolition & Tools and Systems Solutions. Lifco is
guided by a clear management philosophy based on the company having a long-term
view on its holdings, a focus on profitability and a decentralized organization.
Lifco has about 100 companies in 30 countries. The Group had a turnover of more
than 6 billion SEK and an EBITA-margin of 11.5% in 2013. Read more at
www.lifco.se.

Lifco announces this information in accordance with the Securities Market Act
and/or the Act on Trading in Financial Instruments. This information was
submitted for announcement at 8.00am on 21 November 2014.

Important information

This announcement is not an offer to sell or a solicitation of any offer to buy
any securities issued by Lifco AB (publ) (“Lifco” or the "Company") in any
jurisdiction where such offer or sale would be unlawful. In any EEA Member
State, other than Sweden, that has implemented Directive 2003/71/EC as amended
(together with any applicable implementing measures in any member State, 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.

This document and the information contained herein are not for distribution or
release, directly or indirectly, in or into the United States of America,
Canada, Japan or Australia. This document does not constitute an offer to sell,
or a solicitation of an offer to purchase, any securities in the United States,
Canada, Japan or Australia or in any jurisdiction in which any offer or
solicitation would be unlawful. Any securities referred to herein have not been
and will not be registered under the U.S. Securities Act of 1933, as amended
(the “Securities Act”), and may not be offered or sold within the United States
absent registration or pursuant to an applicable exemption from, or in a
transaction not subject to, the registration requirements of the Securities Act
and in compliance with any applicable securities laws of any state or other
jurisdiction of the United States. There is no intention to register any
securities referred to herein in the United States or to make a public offering
of the securities in the United States.

In the United Kingdom, this document and any other materials in relation to the
securities described herein is only being distributed to, and is only directed
at, and any investment or investment activity to which this document relates is
available only to, and will be engaged in only with, “qualified investors” (as
defined in section 86(7) of the Financial Services and Markets Act 2000) and who
are (i) persons having professional experience in matters relating to
investments who fall within the definition of “investment professionals” in
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the “Order”); or (ii) high net worth entities falling
within Article 49(2)(a) to (d) of the Order (all such persons together being
referred to as “relevant persons”). Persons who are not relevant persons should
not take any action on the basis of this document and should not act or rely on
it.

An offering of securities has been made by means of a prospectus that may be
obtained from the issuer or selling security holder which contains detailed
information about the Company and its management, as well as financial
statements. This document is not a prospectus for the purposes of the Prospectus
Directive. Investors should not subscribe for any securities referred to in this
document except on the basis of information contained in the prospectus.

Matters discussed in this release 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 the Company
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 the Company’s 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
release speak only as at its date, and are subject to change without notice.

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[1] (http://connect.ne.cision.com#_ftnref1) The Over-allotment option can be
exercised, in whole or in part, on one or more occasions, by SEB as responsible
for any stabilisation measures.

[2] (http://connect.ne.cision.com#_ftnref2) Trading in the Lifco share on Nasdaq
Stockholm’s main list is, up to and including 24 November 2014, conditional upon
the conditions of the Offering being fulfilled.