Divestment of Actic (SE) to IK Investment Partners (SE) by FSN Capital (NO) — Amount not disclosed

Carnegie acted as sole financial adviser to FSN Capital in the divestment of Actic to IK Investment Partners. Founded in Sweden, Actic (formerly Nautilus Gym) is a leading Nordic fitness club chain with 143 clubs and around 200,000 members in Sweden, Norway, Germany, Finland, Iceland and Austria. August, 2012.