XXL

Director's Dealing • May 12, 2016

Mandatory notification of trade

Mandatory notification of trade

Central Warehouse Director and primary insider Geir

Nielsen has on 11 May 2016, through his 100% owned

company GENI Holding AS, sold 34,414 shares in XXL ASA

at a price of NOK 96.69. Following this transaction,

Mr. Nielsen owns 2,599,501 shares in XXL ASA (through

GENI Holding AS) and 70,386 share options in XXL ASA.

For further queries please contact

Tolle Grøterud

Head of Investor Relations XXL ASA

+47 90272959

This information is subject to the disclosure

requirements pursuant to section 5-12 of the Norwegian

Securities Trading Act.