Divestment of Crem International (SE) to Priveq Investment Fund IV L.P. (SE) and SEB Venture Capital (SE) by Accent Equity (SE) — Amount not disclosed

Carnegie acted as sole financial adviser to Accent Equity in the divestment of Crem International to Priveq Investment Fund and SEB Venture Capital. Crem has since its foundation in 1983 developed into a complete supplier of coffee and espresso machines. November 2012