Notice regarding early redemption of bonds 2011/2014

On 28 June 2011, Ferronordic Machines AB (publ) (the «Company») issued 400 bonds, series no. 1, ISIN SE0004020766 (the «Bonds»), each in an amount of SEK 1 million, amounting to a total of SEK 400 million.

Capitalized terms not defined herein shall have the same meaning as given to them in the terms and conditions for the Bonds, dated 21 June 2011 (the «Terms and Conditions»).

The Company hereby notifies all remaining Holders that all Bonds will be redeemed early by the Company in accordance with Condition 9 of the Terms and Conditions. The Redemption Date will be 22 November 2013, i.e. 31 days following the date of this notice. The Record Date will be 15 November 2013.

As set out in Condition 9 of the Terms and Conditions, on the Redemption Date, the Company will pay an amount equal to 102% of the Nominal Amount (i.e. SEK 1.02 million per Bond). The Company will also pay interest accrued from the last Interest Payment Date (i.e. 28 June 2013) until and including the Redemption Date. Payment will be effected by Euroclear Sweden AB to the persons who are registered as Holders on the Record Date.

FOR FURTHER INFORMATION PLEASE CONTACT

Lars Corneliusson, CEO, Ferronordic Machines group Tel: +7 985 76 32738
Anders Blomqvist, CFO, Ferronordic Machines group, Tel: +46 70 7766 485

or e-mail pr@ferronordic.ru

Also visit www.ferronordic.ru

The information above has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 17:30 (CET) on 22 October 2013.