Kinnevik invests USD 10 million in the micro finance fund microvest and acquires 30% of a farming company in the Ukraine

Investment AB Kinnevik (publ) ("Kinnevik") today announced that it in
the second quarter has committed to invest USD 10 million in a  micro
financing fund  focusing on  equity  investments in  micro  financing
companies in emerging markets. In addition, Kinnevik has acquired 30%
of  the  shares  in  a  Ukrainian  farming  company  from  the  local
investment company TAS.

The micro financing fund Mikroinvest II makes equity investments in
leading micro financing companies in emerging markets. Kinnevik
intends to actively work together with funds experienced management
team and also to seek direct investments alongside the fund. In
addition to Kinnevik, co-investors in Microvest II include IFC.
The investment in the Ukraine amounts to USD 4 million for 30% of the
company with an option to increase the ownership to 50%. The company
today owns and farms approximately 17,000 hectares of leased farming
land in the regions Charkiv, Tjerkasy, Mykolayiv, Kirovohrad and
Vinnytsia.

"Micro financing and farming are focus sectors for new investments in
Kinnevik and we are pleased to have identified investments within
these growth areas. Through Kinnevik's earlier investment in the
African micro financing company Bayport and the new investment in
Microvest, Kinnevik has a broad exposure to a sector in which we see
a strong growth potential. The investment in the Ukraine follows the
successful farming investments that Kinnevik has made previously and
through Kinnevik's considerable expertise in the sector we expect to
contribute to building a modern and profitable agricultural
business," says Henrik Persson, Head of New Investments.

För ytterligare information, besök www.kinnevik.se eller kontakta:

Henrik Persson, Head of New Investments   +46 (0)8 562 000 00
Torun Litzén, Director Investor Relations +46 (0)8 562 000 83
                                          +46 (0)70 762 00 83


Investment AB Kinnevik's objective is to increase shareholder value,
primarily through net asset value growth. Kinnevik manages a
portfolio of investments focused around three comprehensive business
areas; Major Unlisted Holdings which includes the cartonboard and
paper company Korsnäs including shares in Bergvik Skog, Major Listed
Holdings which includes Millicom International Cellular, Tele2,
Modern Times Group MTG, Metro International and Transcom WorldWide,
and New Ventures which is active in finding new investments in small
and mid sized companies which has a significant growth potential.
Kinnevik plays an active role on the Boards of its holdings.
The Kinnevik's class A and class B shares are listed on the NASDAQ
OMX Stockholm's list for large cap companies, within the financial
and real estate sector. The ticker codes are KINV A and KINV B.