XXL

Declaration of Voting Results & Voting Rights Announcements • May 31, 2016

Disclosure of voting rights

Disclosure of voting rights

Tore Valderhaug, board member of XXL ASA and

designated person to open the company's annual general

meeting on 3 June 2016, has received proxies without

voting instructions to vote for a total of 35,583,530

shares, which represents approximately 25.7% of the

total number of shares and votes in the company, in

connection with the company's annual general meeting.

The proxies are only valid for the company's annual

general meeting 3 June 2016.

This information is subject of the disclosure

requirements pursuant to section 5-12 of the Norwegian

Securities Trading Act.