XXL

Transaction in Own Shares • Mar 24, 2017

XXL ASA - Purchase own shares

XXL ASA - Purchase own shares

Reference is made to the stock exchange release on 22

February 2017 announcing a program to repurchase up to

116,000 own shares.

As part of this program, XXL ASA purchased 15,000 own shares

today, 24 March 2017. The shares were purchased at an

average price of NOK 93.94 per share.

After this transaction XXL ASA holds 272,000 own shares,

representing 0.20 per cent of the outstanding number of

shares.

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 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