Dustin signs Nordic partnership agreement with DLL and simultaneously divests lease portfolio


Dustin has decided to consolidate its financial offering to the corporate market
in all Nordic countries through a partnership agreement with De Lage Landen
Finans AB (DLL). In conjunction with this, the lease portfolio in Dustin’s
financing activities will be divested to DLL. The sales price of the lease
portfolio is estimated to correspond to the carrying amount. The transaction is
scheduled to be finalised on 2 November 2015.
- The partnership agreement and divestment will enable us to offer an attractive
financing offering to all our corporate customers in the Nordic region, and to
fully focus on our core operation, says Georgi Ganev, CEO of Dustin.

At the end of September, the total contract stock of the leasing operation
amounted to approximately SEK 260 million, the financial commitment to
approximately SEK 180 million and accounts receivable to about SEK 30 million.
The sales value of the lease portfolio is estimated to correspond to the
carrying amount. The transaction is scheduled to be completed on 2 November
2015.

At the same time, Dustin will sign a Nordic partnership agreement with the De
Lage Landen Finans AB (DLL) that will initially extend for three years. Dustin
will thus be able to continuously receive future income from the existing
portfolio and part of the income from newly signed contracts.

DLL is a global company, with 5,000 employees and operations in countries
including Sweden, Denmark, Finland and Norway. DLL offers financing and leasing
solutions that generate value and provide support to partners, as well as growth
to end customers. Read more on www.dllgroup.com

For further information, please contact:

Niklas Alm, IR Manager

niklas.alm@dustin.se, +46 (0)708 24 40 88

This information is such that Dustin Group AB (publ) is required to disclose in
accordance with the Swedish Financial Instruments Trading Act and/or the Swedish
Securities Market Act. The information was submitted for publication at 08:00
CET on October 23, 2015.

About Dustin

Dustin is one of the leading Nordic resellers of IT products and additional
services to companies, the public sector and private individuals. Having its
core business within e-commerce, Dustin functions as a bridge between the
manufacturer’s large selection and the customer’s needs where Dustin’s employees
help customers find the right solution for their needs.

Dustin is a one-stop-shop that offers approximately 200,000 products with
associated services, functions and solutions. The operation is conducted in
Sweden, Denmark, Norway and Finland.

Dustin has more than 900 employees. Sales during the 2014/15 financial year
amounted to approximately SEK 7.9 billion. More than 90 per cent of Dustin’s
income derives from the corporate market with a focus on small and medium
companies. Dustin is listed on Nasdaq Stockholm since 2015 and has its head
office in Nacka in Stockholm.

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