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Finalisation of the sale of Arjo Wiggins Ltda to the Fedrigoni Group

Finalisation of the sale of Arjo Wiggins Ltda to the Fedrigoni Group

As announced at the end of April along with the publication of Q1 2015 sales, Arjowiggins has closed
the sale of Arjo Wiggins Ltda to the Fedrigoni Group for an enterprise value of €85 million, including an
earn-out of up to €5 million, payable in 2016 subject to certain performance criteria.
The disposal of Arjo Wiggins Ltda together with the sale of 85% of the entities that own the Group’s
Security Solutions division to the Impala Group, which is scheduled to complete over the next few
months, should enable Arjowiggins to reimburse its €125 million syndicated credit facility in full and to
enhance its financing capacity.
Arjo Wiggins Ltda, which produces paper mainly for banknotes and secure documents, reported sales
of approximately €70 million in 2014.

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