Rights issue in Alpcot Agro (SE) — SEK 235 million

Carnegie acted as sole adviser to Alpcot Agro in the rights issue of SEK 235 million. Alpcot Agro is a Swedish limited liability company and was incorporated in 2006. The company’s objective is to generate an attractive total return on invested capital by acquiring and farming agricultural land in Russia and other CIS states.January, 2010.