Thule Group announces its intention to launch an initial public offering and listing on Nasdaq Stockholm

NOVEMBER 04 2014

Thule Group AB (publ) ("Thule Group" or the "Company") today announced its intention to launch an initial public offering (the "IPO") of its ordinary shares on Nasdaq Stockholm.

For more information, please see www.thulegroup.com

Access to the information is restricted and is not for publication, distribution or release, directly or indirectly, to U.S. news wire services or for dissemination in or into the United States of America (including its territories and possessions, any state of the United States of America and the District of Columbia) (the "United States"), Australia, Canada or Japan, or any other jurisdiction in which the distribution or release would be unlawful. This announcement does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.  There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.