B2Holding IPO - Narrowing of the indicative price range

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO 
UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR 
INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH 
AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION 
OR RELEASE WOULD BE UNLAWFUL.


B2Holding IPO - Narrowing of the indicative price range


Oslo, 6 June 2016. Reference is made to the stock exchange 
announcements dated 24 and 30 May 2016 regarding the launch 
of the initial public offering (the "Offering") of shares of 
B2Holding ASA ("B2Holding", the "Company", OSE ticker code: 
"B2H") and status of the bookbuilding.

The Company has decided to narrow the indicative price range 
to NOK 11.50 to NOK 12.00 per share. The Offering is well 
covered throughout the revised price range for the maximum 
potential deal size including over-allotments.

The Offering will close 12:00 CET Tuesday 7 June 2016.

ABG Sundal Collier ASA and Arctic Securities AS are acting as 
Joint Global Coordinators and Joint Bookrunners in the IPO, 
and Nordea Markets a part of Nordea Bank Norge ASA, is acting 
as Joint Bookrunner.

Investor relations and media contacts 

Olav Dalen Zahl, Chief Executive Officer, B2Holding ASA,                                                                                
+47 909 86 386

Harald Henriksen, Chief Financial Officer, B2Holding ASA,                                                             
+47 913 92 873

Erik Just Johnsen, Chief Group Controller, B2Holding ASA,                                                             
+47 415 77 055

About B2Holding ASA

B2Holding is a leading European financial services provider 
which has specialized in the investment and workout of non-
performing loans primarily from the banking sector as well as 
providing third party debt collection solutions on behalf of 
clients. In addition we draw upon our expertise in handling 
large amounts of customer data and offer credit information. 
The B2Holding strategy involves identifying the right 
portfolio investments, developing strong operational 
platforms and acquiring subsidiaries across Europe to 
establish a Pan-European player. B2Holding builds its 
business through the acquisition of servicing companies with 
strong segment positions, and the purchase of non-performing 
and partially performing debt portfolios. B2Holding is 
uniquely positioned for profitable growth with an experienced 
management and an outstanding track record. For further 
information, visit www.b2holding.no.

IMPORTANT INFORMATION

United StatesThese materials may not be published, 
distributed or transmitted in the United States, Canada, 
Australia, the Hong Kong Special Administrative Region of the 
People's Republic of China, South Africa or Japan. These 
materials do not constitute an offer of securities for sale 
or a solicitation of an offer to purchase securities (the 
"Shares") of B2Holding ASA (the "Company") in the United 
States, Norway or any other jurisdiction. The Shares of the 
Company may not be offered or sold in the United States 
absent registration or an exemption from registration under 
the U.S. Securities Act of 1933, as amended (the "Securities 
Act"). The Shares of the Company have not been, and will not 
be, registered under the Securities Act. Any sale in the 
United States of the securities mentioned in this 
communication will be made solely to "qualified institutional 
buyers" as defined in Rule 144A under the Securities Act.

European Economic Area	

Any offering of securities will be made by means of a 
prospectus to be published that may be obtained from the 
issuer or selling security holder, once published, and that 
will contain detailed information about the Company and its 
management, as well as financial statements. 

These materials are an advertisement and not a prospectus for 
the purposes of Directive 003/71/EC, as amended (together 
with any applicable implementing measures in any Member 
State, the "Prospectus Directive"). Investors should not 
subscribe for any securities referred to in these materials 
except on the basis of information contained in the 
prospectus.

In any EEA Member State other than Norway (from the time the 
prospectus has been approved by the Financial Supervisory 
Authority of Norway, in its capacity as the competent 
authority in Norway, and published in accordance with the 
Prospectus Directive as implemented in Norway) that has 
implemented the Prospectus Directive, this communication is 
only addressed to and is only directed at "qualified 
investors" in that Member State within the meaning of Article 
2(1)(e) of the Prospectus Directive ("Qualified Investors"), 
i.e., only to investors to whom an offer of securities may be 
made without the requirement for the Company to publish a 
prospectus pursuant to Article 3 of the Prospectus Directive 
in such EEA Member State.

United Kingdom

In the United Kingdom, these materials are only being 
distributed to and are only directed at Qualified Investors 
who (i) are investment professionals falling within Article 
19(5) of the Financial Services and Markets Act 2000 
(Financial Promotion) Order 2005 (as amended) (the "Order") 
or (ii) are persons falling within Article 49(2)(a) to (d) of 
the Order (high net worth companies, unincorporated 
associations, etc.) (all such persons together being referred 
to as "Relevant Persons"). These materials are directed only 
at Relevant Persons and must not be acted on or relied on by 
persons who are not Relevant Persons. Any investment or 
investment activity to which this document relates is 
available only to Relevant Persons and will be engaged in 
only with Relevant Persons.