Ratos to release c. SEK 400m by refinancing holding in HL Display

2010-08-31

This information is disclosed in accordance with the Securities Markets Act, the
    Financial Instruments Trading Act or demands made in the exchange rules.

Ratos has decided to refinance the holding in HL Display. This means that Ratos
will receive a cash payment of approximately SEK 400m. The refinancing will be
implemented to adapt the capital structure in HL Display to the new ownership
structure with Ratos as the company's principal owner.
The refinancing of Ratos's holding in HL Display will be achieved by Ratos
raising a loan in one of Ratos's wholly owned subsidiaries with Ratos's shares
in HL Display as collateral. The refinancing will not affect HL Displays AB's
(publ) balance sheet, but means that Ratos will receive approximately SEK 400m.
Ratos's consolidated book value for HL Display will thus be adjusted downwards
by a total of approximately SEK 400m. The refinancing will have no impact on
Ratos's consolidated earnings. Current loans within HL Display AB (publ) are
unaffected.
At the end of the extended acceptance period, on 27 August, Ratos owned 99.3% of
the capital and 99.7% of the votes in HL Display.

For further information, please contact:
Arne Karlsson, CEO, +46 8 700 17 00
Emma Rheborg, Head of Corporate Communications and IR, +46 8 700 17 20

Financial calendar from Ratos:
Interim Report January - September 2010 4 November 2010
Year-end report 2010                    17 February 2011
Annual General Meeting 2011             5 April 2011

Ratos is a listed private equity company. The business concept is to maximise
shareholder value over time by investing in, developing and divesting primarily
unlisted companies. Ratos offers investors a unique investment opportunity.
Ratos's equity is approximately SEK 14 billion and has a market capitalisation
of approximately SEK 32 billion. Ratos's holdings include AH Industries,
Anticimex, Arcus Gruppen, Bisnode, Camfil, Contex, DIAB, EuroMaint, GS-Hydro,
Hafa Bathroom Group, HL Display, Inwido, Jøtul, Lindab, MCC, Medisize, SB
Seating, Stofa, Superfos and Other holdings.