Nordic Capital Fund IX (“Nordic Capital”) has, through its wholly owned
subsidiary Cidron Xingu Limited, last night acquired 7,598,162 shares in
Norwegian Finans Holding ASA (“Bank Norwegian”) from a group of sellers
including Green 91 AS, a company owned by Lars Ola Kjos, at a price of NOK 35
per share. The acquisition was made to strengthen Nordic Capital’s position as
the largest shareholder and following the transaction, the holding will amount
to 30,646,498 shares, corresponding to 16.4% of the total shares outstanding. In
total, Nordic Capital and Sampo collectively own 42,472,603 shares,
corresponding to 22.7% of Bank Norwegian following the transaction.