Extraordinary general meeting on 2 October 2015

Press Release

Stockholm, 2 October 2015
An extraordinary general meeting of Ferronordic Machines AB (publ) was held on 2
October 2015 at Hovslagargatan 5B, Stockholm.

In accordance with the proposal of the board, the meeting resolved to pay
dividends on the company’s preference shares in an amount of SEK 50 per
preference share, corresponding to a total dividend payment of SEK 25,000,000.
The record date for the dividend payment shall be 23 October 2015. The dividend
will be paid through Euroclear Sweden AB on 28 October 2015. No dividends shall
be paid with regard to ordinary shares.

About Ferronordic Machines

Ferronordic Machines is the authorized dealer of Volvo Construction Equipment
and Terex Trucks in Russia. The company began its operations in June 2010 and
has expanded rapidly across Russia and is today well established in all federal
districts with almost 70 outlets and approximately 700 employees. In addition to
distributing and providing aftermarket support to Volvo Construction Equipment
machines, the company has also been appointed aftermarket dealer for Volvo and
Renault Trucks as well as dealer for Volvo Penta in certain parts of Russia. The
company has also signed up some other high quality brands such as Logset and
several attachment manufacturers. The vision of Ferronordic Machines is to be
regarded as the leading service- and sales company in the CIS markets. The
preference shares of Ferronordic Machines are listed on NASDAQ OMX First North
Premier. The company has appointed Avanza Bank AB as its Certified Advisor.

http://www.ferronordic.ru

For more information, please contact:

Anders Blomqvist, CFO and Head of IR, Tel: +46 8 5090 7280 pr@ferronordic.ru

Ferronordic Machines discloses the information herein pursuant to the Securities
Markets Act and/or the Financial Instruments Act. The information was submitted
for publication on 2 October 2015, 15:30 CET.