Pandox AB (publ) has completed the acquisition of Hilton Grand Place Brussels

Pandox’s acquisition of Hilton Grand Place Brussels, which was announced 21
September 2016, has been completed.

The final acquisition price amounts to MEUR 55, corresponding to approximately
MSEK 530. The acquired hotel is consolidated and reported under the business
segment Operator Activities as of 10 October, 2016.

For more information about the acquisition, please see the press release dated
21 September 2016, where the acquisition was announced.

FOR MORE INFORMATION, PLEASE CONTACT:

Anders Nissen, CEO, +46 (0)70 846 02 02
Anders Berg, Head of Communications and IR, +46 (0) 760 95 19 40

This information is information that Pandox AB (publ) is obliged to make public
pursuant to the EU Market Abuse Regulation. The information was submitted for
publication, through the agency of the contact persons set out above, 10 October
2016, 16:15 CEST.

About Pandox
Pandox is a leading owner of hotel properties in Northern Europe with a focus on
sizeable hotels in key leisure and corporate destinations. Pandox’s hotel
property portfolio comprises 113 hotels with more than 24,000 hotel rooms in
eight countries. Pandox’s business is organised into Property Management, which
comprises hotel properties leased on a long-term basis to market leading
regional hotel operators and leading international hotel operators, and Operator
Activities, which comprises hotel operations executed by Pandox in its owner
-occupied hotel properties. Pandox was founded in 1995 and the company’s B
shares are, as of 18 June 2015, listed on Nasdaq Stockholm. www.pandox.se