Distribution of the Estate of Jan Hugo Stenbeck completed resulting in ownership changes in Kinnevik

Investment  AB Kinnevik ("Kinnevik") was today informed of the following changes
in ownership.

All  Kinnevik  shares  held  in  the  Estate  of  Jan  Hugo  Stenbeck  have been
distributed. Furthermore, Sapere Aude Trust ("Sapere") has disclosed to Kinnevik
that it has established a company, Verdere Sarl, for the joint benefit of two of
its  beneficiaries,  Cristina  Stenbeck  and  Max  Stenbeck.  Verdere  Sarl is a
Luxembourg  company created for the sole  purpose of holding Kinnevik shares for
the long term.

The  total votes  and capital  in Kinnevik  ultimately attributable  to Cristina
Stenbeck  and Max  Stenbeck will  amount to  35.1% and 9.1% respectively. Voting
coordination will continue among Sapere, its beneficiaries and related entities.
This total voting block amounts to 48.3% and 17.4% of the capital of Kinnevik.

For  further  information,  visit  www.kinnevik.se  <http://www.kinnevik.se/> or
contact:

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.



[HUG#1416711]