Solar A/S : No. 4 2016 Share buy-back in Solar

Name of receiver

NASDAQ Copenhagen A/S

GlobeNewswire https://cns.omxgroup.com

Announcement no. 4 2016 Contacts:

CFO Michael H. Jeppesen - tel. [phone]

Director, Stakeholder Relations Charlotte Risskov Kræfting - tel. [phone]

Solar A/S Executive Board Industrivej Vest 43 DK - 6600 Vejen Denmark

Tel. + 45 79 30 00 00

www.solar.eu

CVR no. 15 90 84 16

Share buy-back in Solar A/S 25 January2016

On 23 November 2015, Solar launched a share buy-back programme which will end by 30 June 2016. The share buy-back is limited to DKK 70 million. The programme is structured by the "Safe Harbour" provisions in EU's regulation no. 2273/2003 of 22 December 2003.

Since the publication of announcement no. 19 2015 on 23 November 2015, the following transactions have been made under the share buy-back programme:

Trading day	Number of shares	Average transaction prices	Amount in DKK
As at 15 January 2016 accumulated	77,560	423.58	32,852,968
37: 18 January 2016	3,600	384.76	1,385,141
38: 19 January 2016	2,600	392.32	1,020,021
39: 20 January 2016	2,677	380.06	1,017,417
40: 21 January 2016	2,582	382.64	987,969
41: 22 January 2016	2,626	388.00	1,018,888
As at 22 January 2016 accumulated	91,645	417.72	38,282,404

Following the above transactions, Solar holds a total of 156,818 Solar B shares of nominally DKK 100, corresponding to 1.98% of share capital and 0.98% of votes.

Buy-back of DKK 31,717,596 remains under the programme. Yours faithfully

Solar A/S

Anders Wilhjelm

Facts about Solar

Solar Group is a leading European sourcing and services company, operating primarily within the electrical, heating and plumbing, and ventilation technology sectors. Our core business centres on product sourcing, value-adding services and optimisation of our customers' businesses.

Being a sourcing and services company, we focus on each individual customer.

We always strive to understand our customers' unique and genuine needs in order to provide relevant, personal and value-adding services, turning our customers into winners.

Solar Group is headquartered in Denmark, generated revenue of approximately DKK 10.3bn in 2014 and has some 3,000 employees. Solar has been listed on Nasdaq Copenhagen since 1953, and operates under the short designation SOLAR B.

For more information, please visit www.solar.eu.

Disclaimer

This announcement was published in Danish and English today via Nasdaq Copenhagen. In the event of any inconsistency between the two versions, the Danish version shall prevail.