XXL

Transaction in Own Shares • Sep 14, 2018

XXL ASA - End of program to repurchase own shares

XXL ASA - End of program to repurchase own shares

XXL ASA announced a program to buy-back own shares on 20 July 2018 and has on 14 September 2018 completed the program. In the period XXL ASA purchased a total of 1,060,000 shares in the market at an average price of NOK 47.13 per share, for an aggregate consideration of NOK 49,957,376. The shares purchased will be used to cover for share incentive programs or be deleted in connection with later reduction of the registered share capital.

For further queries, please contact:

Tolle O. R. Grøterud

Investor Relations, XXL ASA

Tel: +47 90 27 29 59

E-mail: ir@xxlasa.com

About XXL ASA

XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland, Denmark and Austria. It is the largest among the major sports retailers in the Nordics and the fastest growing among the major sports retail chains in the World. XXL pursues a broad customer appeal, offering a one stop shop experience with a wide range of products for sports, hunting, skiing, biking and other outdoor activities. XXL's concept is to have the largest stores with the best prices and the widest assortment of products, focusing on branded goods.

This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act