AXA.OSE.* H:'Axactor acquires a portfolio of REOs from Cajamar ' B:'Madrid, March 22nd, 2018Axactor has acquired a REO portfolio with the appraisal value of more than 26mEUR from the financial institution Cajamar.

The portfolio consists ofapproximately 650 assets and is the second portfolio acquisition in Spain thisyear.Axactor continues to develop the investments in the real estate market in Spainthrough the fifth acquisition in this sector, and with this strengthening theposition as a solid and active investor in the Spanish market.With this acquisition from Cajamar, Axactor continues to diversify the companysproduct portfolio by growing in the secured and unsecured NPL segments, as wellas REOs and the third-party collection business in Spain.

The acquisition will be financed through Axactor's exciting funding facilities.Axactor Spain country managers said: 2018 will be the year in which Axactorwill emerge as one of the most important players in Spanish debt market.About Axactor Axactor Group specializes in both Debt Collection and Debt Purchasing acrossseveral countries, with operations in Italy, Germany, Norway, Sweden and Spain.The company has a Nordic base and an ambitious Pan-European growth strategy,which targets the market for non-performing loans (NPL) in Europe. This marketis estimated to be about 1,500 billion euros across Europe providing significantopportunities for Axactor's future expansion.

Axactor has approximately 900employees.For additional information, please contact: Mobile phone: +47 913 35 461Email: johnny.tsolis@axactor.com'