11.11.2016 08:08:00

Arise AB: Interim Report 1 January – 30 September 2016

Regulatory News:

Arise AB (STO:ARISE)

Third quarter (1 July – 30 September 2016)

· Net sales for the quarter amounted to MSEK 77 (198).

· Operating profit before depreciation and amortisation (EBITDA) amounted to MSEK 21 (29), of which associates had an impact of MSEK 0 (-17) on the Group. Operating cash flow was MSEK 70 (54).

· Profit/loss before tax totalled MSEK -22 (-171), incl. non-recurring effects of MSEK 0 (-174).

· Profit/loss after tax amounted to MSEK -22 (-160), or SEK -0.65 (-4.79) per share.

· Production totalled 121 GWh (141), of which 68 GWh (89) referred to Own wind power operations and 53 GWh (51) to Co-owned wind power operations. The decrease was due to weaker winds in southern Sweden.

· Average income from Own wind power operations was SEK 416 per MWh (454), of which SEK 254 per MWh (287) referred to electricity and SEK 162 (166) per MWh to electricity certificates.

· A conditional agreement was signed to sell Bohult, 12.8 MW, to a fund managed by Allianz Global Investors. An agreement was signed with Kraftö AB for the acquisition of a project portfolio with five projects totalling approx. 370 MW. A letter of intent was signed with Fortum regarding a potential sale of the Kölvallen project totalling just over 200 MW.

First nine months (1 January – 30 September 2016)

· Net sales for the period amounted to MSEK 303 (336).

· Operating profit before depreciation and amortisation (EBITDA) amounted to MSEK 77 (144), of which associates had an impact of MSEK 0 (-6) on the Group. Operating cash flow was MSEK 145 (142).

· Profit/loss before tax totalled MSEK -64 (-161), incl. non-recurring effects of MSEK -12 (-176).

· Profit/loss after tax amounted to MSEK -51 (-152), or SEK -1.54 (-4.57) per share.

· Production totalled 402 GWh (546), of which 225 GWh (318) referred to Own wind power operations and 177 GWh (229) to Co-owned wind power operations. The decrease was due to weaker winds.

· Average income from Own wind power operations was SEK 434 per MWh (500), of which SEK 290 per MWh (340) referred to electricity and SEK 144 (160) per MWh to electricity certificates.

Significant events after the end of the reporting period

· The sale of Bohult was implemented according to plan and had a positive impact of about MSEK 90 on cash flow after the repayment of project financing loans and the redemption of an interest rate swap. The transaction will have a slightly positive impact on earnings for 2016.

Halmstad 11 November, 2016

ARISE AB (publ)

This information is information that Arise AB] is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication through the agency of the contact persons set out above, at 08.00 CET on 11 November 2016

About Arise

Arise is one of Sweden´s leading wind power companies, with the business concept to develop, build and manage onshore wind farms for its own account and on behalf of investors. The company is listed on NASDAQ OMX Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone +46 (0)35 20 20 900, corporate id .no. 556274-6726 E-mail info@arise.se, www.arise.se

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