Hunter Group ASA

Share Issue/Capital Change • Dec 6, 2017

Hunter Group ASA ("HUNT") - Key information relating to the reverse split

Hunter Group ASA ("HUNT") - Key information relating to the reverse split

At the extraordinary general meeting of 6 December 2017, it was decided to

complete a reverse share split of the company's shares in the ratio 10:1, by

increasing the nominal value of the shares from NOK 0.125 to NOK 1.25, so that

10 - ten - shares before the reverse share split becomes 1 - one - share after

the completion of the reverse share split. There will not be any change of ISIN

in connection with the reverse share split.

Please note the following key dates for implementation of the reverse share

split:

· Date of announcement of the reverse share split: 6 December 2017

· Last trading day before reverse share split (last inc day): 7 December 2017

· First trading day after the reverse share split (ex date): 8 December 2017

· Record date: 11 December 2017

· Date of approval: 6 December 2017

After the completion of the above mentioned amendments, the company's share

capital is NOK 163,947,516.29 divided between 131,158,013 shares, each with a

nominal value of NOK 1.25,-.

Oslo; 6 December 2017

For further information, please contact:

Vegard Urnes, interim CEO, +47 90 58 54 32, vu@huntergroup.no

Ola Beinnes Fosse, CFO, +47 97 53 12 27, obf@huntergroup.no