XXL

XXL ASA - End of program to repurchase own shares

XXL ASA announced a program to buy-back own shares on 22

February 2017 and has on 31 March 2017 completed the

program. In the period XXL ASA purchased a total of 116,000

shares in the market at an average price of NOK 93.36 per

share, for an aggregate consideration of NOK 10,829,748. The

shares purchased will in full be used in a program for

restricted share units for employees.

For further queries, please contact:

Tolle O. R. Grøterud

Investor Relations, XXL ASA

Tel: +47 90 27 29 59

About XXL ASA

XXL is a leading sports retailer with stores and e-commerce

in Norway, Sweden, Finland and Denmark. It is the fastest

growing among the major sports retailers in the Nordic. 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 lowest 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

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