Reporting of Transactions in Accordance with Section 28A of the Danish Securities Trading Act

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1 COMPANY ANNOUNCEMENT No. 9/2016 Copenhagen, 10 February 2016 Reporting of Transactions in Accordance with Section 28A of the Danish Securities Trading Act hereby notifies the following reporting under Section 28a of the Securities Trading Act of transactions in shares and associated securities of Scandinavian Tobacco Group A/S made by members of the board of directors, executive management, key employee and their related parties: Jørgen Tandrup Chairman of the Board of Directors on 28 January 2016 Number 30,000 Share price DKK 3,000,000 Conny Karlsson Deputy Chairman of the Board of Directors on 28 January 2016 Number 10,000 Share price DKK 1,000,000. Sydmarken 42. DK-2860 Søborg. Denmark CVR

2 Marlene Forsell on 28 January 2016 Number 3,250 Share price DKK 325,000 Tommy Pedersen on 28 January 2016 Number 20,000 Share price DKK 2,000,000 Henning Kruse Petersen on 28 January 2016 Number 15,000 Share price DKK 1,500,000 2

3 2KJ A/S Related Party to Henning Kruse Petersen, member of the Board of Directors on 28 January 2016 Number 15,000 Share price DKK 1,500,000 Søren Bjerre-Nielsen on 28 January 2016 Number 2,000 Share price DKK 200,000 Dianne Neal Blixt on 28 January 2016 Number 1,700 Share price DKK 170,000 3

4 Hermod Hvid on 28 January 2016 Number 2,000 Share price DKK 200,000 Kurt Asmussen on 28 January 2016 Number 500 Share price DKK 50,000 Niels Frederiksen on 28 January 2016 Number 25,000 Share price DKK 2,500,000 4

5 Sisse Fjelsted Rasmussen on 28 January 2016 Number 15,000 Share price DKK 1,500,000 Vincent Crepy on 28 January 2016 Number 2,250 Share price DKK 225,000 Christian Hother Sørensen on 28 January 2016 Number 20,000 Share price DKK 2,000,000 5

6 Craig Reynolds Key Employee on 28 January 2016 Number 700 Share price DKK 70,000 For further information, please contact: For media enquiries: Kaspar Bach Habersaat, Director of Group Communications, phone: or For investor enquiries: Torben Sand, Head of Investor Relations, phone: or About Scandinavian Tobacco Group with its subsidiaries (the "Group") is a world leading producer of cigars and traditional pipe tobacco. The Group also produces fine-cut tobacco and sells tobacco-related accessories. The Group produces and sells 3 billion cigars and 5,000 tonnes of pipe and fine-cut tobacco annually. Scandinavian Tobacco Group believes it is the only company globally with a core strategic focus on production and distribution in all of these tobacco categories. Scandinavian Tobacco Group holds market-leading positions in the machine-made cigar market in Europe, the handmade cigar market in the US, the online and catalogue retail sales of cigars in the US, the traditional pipe tobacco market globally and in selected fine-cut tobacco markets. Scandinavian Tobacco Group has a diversified portfolio of more than 200 brands providing a complementary range of established global brands and local champions. In the cigar segment, the brand portfolio comprises Café Crème, La Paz, Macanudo, CAO, Partagas (US) and Cohiba (US). Pipe tobacco brands include Captain Black, Erinmore, Borkum Riff and W.Ø. Larsen, while leading fine-cut tobacco brands include Bugler, Break, Escort, Bali Shag and Tiedemanns. As at 31 December 2015, the Group employed approx. 8,100 people in the Dominican Republic, Honduras, Nicaragua, Indonesia, Europe, New Zealand, Australia, Canada and the US. For more information please visit 6

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