Change of the number of shares and votes in Karo Bio AB (publ)

 (http://www.karobio.com/investormedia/pressreleaser/pressrelease?pid=738684)STO
C 
KHOLM, April 30, 2014 - Karo Bio AB (publ) today announced that the company’s
total number of shares as per April 30, 2014 amounts to 676,263,158 shares,
corresponding to an equal number of votes. The increase in the number of shares
and votes results from the recently completed rights issue of 165,315,789 shares
with preferential rights for the company’s shareholders and from the directed
new share issue of 15,000,000 shares to Anders Lönner. Both issues were
announced on February 13, 2014.

For further information, please contact:
Per Bengtsson, CEO, mobile +46 734 474 128 or e-mail per.bengtsson@karobio.se
Henrik Palm, CFO, mobile +46 70 540 4014 or e-mail henrik.palm@karobio.se

About Karo Bio
Karo Bio is a research and development company focused on innovative drugs for
important medical needs. The world-leading knowledge of nuclear receptors as
target proteins for the development of pharmaceuticals and their related
mechanisms of action, are utilized for developing novel, more effective and
safer pharmaceuticals. Karo Bio is active in preclinical development focused on
the areas of neuropsychiatry, inflammation, autoimmune diseases and cancer. Karo
Bio is based in Huddinge, Sweden. The company has around 40 employees and is
listed on NASDAQ OMX Stockholm.

Karo Bio publishes this information in accordance with the Swedish Securities
Markets Act and/or the Swedish Financial Instruments Trading Act. The
information was submitted for publication on April 30, 2014 at 8:30 CET.