XXL

Director's Dealing • Dec 30, 2015

Mandatory notification of trade

Mandatory notification of trade

Purchasing & Marketing Director and primary insider

Tom Erik Kjønø has today sold 35,912 shares in XXL ASA

at a price of NOK 101.00. Following this transaction,

Mr. Kjønø owns 389,901 shares in XXL ASA and 41,711

share options in XXL ASA including ownership of

closely related parties.

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.