EQT VII initiates compulsory redemption proceedings and IFS files for delisting

IGT Holding has notified the board of directors of IFS that IGT has resolved to
initiate compulsory acquisition proceedings to acquire the remaining shares in
IFS. In light of this, the board of directors of IFS has decided to apply for
the delisting of IFS A- and B-shares from Nasdaq Stockholm.
On December 7, 2015, EQT VII, through IGT Holding IV AB (“IGT Holding”),
announced a mandatory cash offer to the shareholders in Industrial and Financial
Systems, IFS AB (publ.) (“IFS” or the “Company”) to acquire all outstanding A-
and B-shares in IFS. Following the completion of the offer on February 11, 2016,
IGT Holding held approximately 84 per cent of the shares in IFS. In September
2016, IGT Holding entered into an agreement with Elliot International L.P. and
Elliot Associates L.P. (together “Elliot”) to acquire all of Elliot’s shares in
IFS. Currently, IGT Holding holds approximately 97 per cent of the shares in IFS
and has notified the board of directors of IFS that IGT has resolved to initiate
compulsory acquisition proceedings to acquire the remaining shares in IFS.

In light of the above, the board of directors of IFS does not find it
appropriate for the Company to remain listed, and has therefore decided to apply
for the delisting of IFS A- and B-shares from Nasdaq Stockholm. The last day of
trading in the IFS shares will be announced as soon as a notification thereof
has been received from Nasdaq Stockholm.
Oliver Pilgerstorfer, Corporate Communications. Telephone: +44 1494 42 89 00,
press@ifsworld.com

Frédéric Guigues, Investor Relations. Telephone: +46 8 58 78 45 00,
frederic.guigues@ifsworld.com
About IFS

IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in developing
and delivering enterprise software for enterprise resource planning (ERP),
enterprise asset management (EAM) and enterprise service management (ESM). IFS
brings customers in targeted sectors closer to their business, helps them be
more agile and prepare for what's next in their industry. IFS is a public
company (XSTO: IFS) founded in 1983 and currently has over 2,800 employees. IFS
supports more than 1 million users worldwide from its network of local offices
and through a growing ecosystem of partners. For more information
visit: IFSworld.com (http://www.ifsworld.com/).

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The information was submitted for publication, through the agency of the contact
persons set out above, on September 22, 2016 at 2:30 p.m. (CEST).