XXL

XXL ASA - Purchase own shares

Reference is made to the stock exchange release on 26

February 2016 announcing a program to repurchase up to

97,000 own shares.

As part of this program, XXL ASA purchased 8,500 own

shares on 17 March 2016. The shares were purchased at

an average price of NOK 96.35 per share.

After the transaction XXL ASA holds 153,500 own

shares, representing 0.11% of the outstanding number

of shares.

For further queries, please contact:

Tolle O. R. Grøterud, Head of 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 and Finland. 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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