Scandinavian House to Acquire Swedish Kiwiline Fastigheter AB

Scandinavian House Development SA (“SHSA” or the “Company”) has signed a letter of intent on June 17th 2015 to buy Swedish building and development company Kiwiline Fastigheter AB (“Kiwiline”) pursuant to due diligence procedures. The price for this projected acquisition shall be determined based on the results of an independent company evaluation. Kiwi is fully owned by the Bramstedt family. The current management of Kiwiline shall remain on board and guarantee the continuation of the creative and unique home and building design competences of the company. Kiwiline has developed ecological, sustainable and movable concept houses and modules with own design in particular for people who love
nature and have an active lifestyle. Over the last few years Kiwiline has negotiated housing project development partnerships with several Swedish golf courses. Göran Lindberg, Director of SHSA underlines: This is one step in the strategy to make our company more independent and stronger for using in-house designed quality products in the coming projects. We are looking forward to a successful and dynamic partnership with Kiwiline and its team under the roof of Scandinavian House”.



Route d’Oron 2, 1010 Lausanne, Switzerland
Exchange: NYSE Euronext Paris
Market: Marché Libre
ISIN: CH0220529603
Symbol : MLSHD

Disclaimer; Forward-Looking Statements:

This announcement or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA contains forward-looking statements that are based on assumptions and estimations of SCANDINAVIAN HOUSE DEVELOPMENT SA. Words such as “estimate,” “expect“, “plan,” “project” and “will” and similar expressions identify such forward-looking statements. The actual results may differ substantially from such assumptions and estimations caused by various factors. These forward-looking statements speak only as of their dates and have been reasonable at that time. SCANDINAVIAN HOUSE DEVELOPMENT SA undertakes no obligation to publicly update or revise any forward-looking statements. This or any other statement from SCANDINAVIAN HOUSE DEVELOPMENT SA does not constitute an offer or a solicitation of an offer for the purchase or sale or subscription of any securities of SCANDINAVIAN HOUSE DEVELOPMENT SA in Germany, Switzerland or any other country. This statement constitutes pure information about the company. Each and any investment into securities, particularly into shares of young companies like SCANDINAVIAN HOUSE DEVELOPMENT SA, bears high risks including a total loss of the invested amount. Potential investors generally should consult a qualified advisor before taking any investment decision at all.