AF Gruppen

Share issue completed

AF Gruppen ASA (AFG) has issued 3,253,346 shares as a

private placement to employees at the company in order to

exercise all outstanding share options. The subscription

price for 2,716,956 shares was NOK 64.60 per share, for

452,675 shares the subscription price was NOK 101.20 per

share and for 83,715 shares the subscription price was NOK

129.70. The total value of the share issue is NOK

232,183,903.10.

The share issue has increased the share capital in AF

Gruppen by NOK 162,667.30 to NOK 4,859,105.60. The total

number of shares outstanding after this share issue is

97,182,112.

This information is subject to the disclosure requirements

pursuant to section 5 -12 of the Norwegian Securities

Trading Act.

For further information:

CFO, Sverre Hærem, tel. +47 952 45 167

AI Terminal