SEMI-ANNUAL REVIEW OF THE FIRST NORTH 25 INDEX The new

The new portfolio of the First North 25 index will become effective on January 4, 2016

Stockholm, December 15, 2015 — Nasdaq (Nasdaq: NDAQ ) announces today the results of the semi-annual review of the First North 25 Index (Nasdaq Stockholm: FN25) which will become effective with the market open on Monday, January 4, 2016.

Impact Coatings AB (IMPC), Jobindex A/S (JOBNDX), Magnolia Bostad AB (MAG), PowerCell Sweden AB (PCELL), Prime Living AB (PRIME), Starbreeze AB ser. A (STAR A), Vostok Emerging Finance Ltd (VEMF SDB) will be added to the portfolio and Avtech Sweden AB B (AVT B), DistIT AB (DIST), Kancera AB (KAN), Saltängen Property Invest AB (SAPIAB), ShaMaran Petroleum Corp (SNM), Zinzino AB Ser. B (ZZ B) will be excluded from the portfolio.

The FN25 consists of the largest and most traded shares listed on the First North Market. FN25 is re-ranked semi-annually in January and July.

The First North 25 Index constituents effective January 4, 2016 are:

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