BE Group sells operation in China

BE Group has signed an agreement with Ovako on the transfer of its Chinese
subsidiary, BE Group (Shanghai) Steel Trading.

The President and CEO of BE Group, Kimmo Väkiparta, comments:
“We have taken a strategic decision not to continue to be active in China and we
are therefore pleased to have reached an agreement with Ovako on our existing
operation.”

The transfer is expected to be completed before the end of June. The purchase
price will be determined by a closing balance sheet and is estimated at
approximately SEK 10 M. The majority of the purchase price will be paid at
closing. The estimated purchase price will result in a small capital gain and
will only have a marginal impact on BE Group's financial statements.

For further information, please contact:
Kimmo Väkiparta, President and CEO
tel.: +46 (0)705 972 342  e-mail: kimmo.vakiparta@begroup.com

Torbjörn Clementz, CFO and Executive Vice President
tel.: +46 (0)708 690 788  e-mail: torbjorn.clementz@begroup.com

BE Group, listed on the NASDAQ OMX Stockholm exchange, is a trading and service
company in steel and other metals. BE Group provides various forms of service
for steel, stainless steel and aluminum applications to customers primarily in
the construction and engineering sectors. In 2012, the Group reported sales of
SEK 4.6 Bn. BE Group has slightly less than 900 employees in nine countries,
with Sweden and Finland as its largest markets. The head office is located in
Malmö, Sweden. Read more about BE Group at www.begroup.com.