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Increase in Kinnevik's Net Asset Value following Groupon listing

7 November 2011, 8:01 AM
Investment  AB Kinnevik ("Kinnevik") today announced  that the fair value of its
holding in Groupon Inc. has increased following the listing of Groupon shares on
NASDAQ in New York on Friday 4 November.

Kinnevik  has  a  direct  holding  in  Groupon amounting to 8,377,156 shares. In
addition,  Rocket Internet,  in which  Kinnevik owns  25% after all its warrants
have been exercised, holds 39,168,960 shares in Groupon.

Based  on Friday's closing price of  USD 26.11 per Groupon share, Kinnevik's Net
Asset  Value has increased  by SEK 2,139 m  compared to the  fair value reported
under  Rocket Internet and portfolio companies  on 30 September 2011. Out of the
increase, SEK 986 m relates to Kinnevik's direct shareholding in Groupon and SEK
1,153 m to Kinnevik's holding in Rocket Internet.

For    further    information    on    the    Groupon   listing   please   visit

For further information, visit www.kinnevik.seor contact:

Torun Litzén, Director, Investor Relations Phone +46 (0)8 562 000 83

                                           Mobile +46 (0)70 762 00 83

Kinnevik  was  founded  in  1936 and  thus  embodies  more than seventy years of
entrepreneurship  under the same group of principal owners. Kinnevik's objective
is  to increase shareholder value, primarily through net asset value growth. The
company's  holdings of growth  companies are focused  around seven comprehensive
business  sectors; Paper &  Packaging, Telecom &  Services, Media, Online, Micro
financing,  Agriculture and  Renewable energy.  Kinnevik has  a long  history of
investing  in emerging markets which has  resulted in a considerable exposure to
consumer  sectors in these markets. 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.

Press release:

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Source: Kinnevik via Thomson Reuters ONE