STG Stonepath Grp.

COMPANY ANNOUNCEMENT
No. 36/2016

                                                                                                                           Copenhagen, 8 August 2016

Transactions in Connection
with Share Buy-back Programme


On 30 May 2016 Scandinavian Tobacco Group A/S ("STG") announced that a share share buy-back programme of up to 412,462 shares and a maximum consideration of DKK 55m was launched with the purpose of hedging obligations arising from STG's share based incentive schemes.

The buy-back programme is executed in accordance with Commission Regulation (EC) no 2273/2003 of 22 December 2003 and from 3 July 2016 in accordance with Article 5 of Regulation (EU) no 596/2014 of 16 April 2014 (the so-called Safe Harbour method). The share buy-back programme will end no later than 30 September 2016.

The following transactions have been executed in the period 1 - 5 August 2016:

	Number of shares	Average purchase price, DKK	Transaction value, DKK
1 August 2016	1,272	118.14	150,272
2 August 2016	1,000	120.11	120,111
3 August 2016	8,702	120.96	1,052,603
4 August 2016	1,684	120.61	203,111
5 August 2016	5,113	120.06	613,850
Accumulated for the period	17,771	120.06	2,133,529
Accumulated under the programme	336,664	109.64	36,911,237

A detailed overview of transactions during the period 1 - 5 August 2016 is attached to this announcement.

Following the above transactions STG owns a total of 336,664 treasury shares, corresponding to 0.337 % of the total share capital.

For further information, please contact:

For media enquiries:
Kaspar Bach Habersaat, Director of Group Communications, phone: +45 7220 7152
or kaspar.bach@st-group.com.

For investor enquiries:

Torben Sand, Head of Investor Relations, phone: +45 7220 7126 or torben.sand@st-group.com.

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