Kid ASA

Share Issue/Capital Change • Nov 2, 2015

STABILISATION AND OVER-ALLOTMENT NOTICE

STABILISATION AND OVER-ALLOTMENT NOTICE

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR

INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR

DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA,

HONG KONG, CANADA OR JAPAN, OR ANY OTHER JURISDICTION

IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

KID ASA - STABILISATION AND OVER-ALLOTMENT NOTICE

Lier, 30 October 2015: Reference is made to the stock

exchange announcement published on 30 October 2015, in

which Kid ASA ("Kid" or the "Company") announced the

successful completion of the bookbuilding period for

the initial public offering of the shares

(the "Offering").

ABG Sundal Collier ASA (the "Stabilisation Manager")

may, on behalf of the Joint Bookrunners for the

Offering and listing of the shares (the "Shares") of

Kid, engage in stabilisation activities in the Shares

from 2 November 2015, the first day of trading, to and

including 2 December 2015 (the "Stabilisation Period").

The stabilisation transactions are aimed to support

the market price of the Shares. In connection with the

Offering, the Joint Bookrunners have been granted an

over-allotment option (the "Over-allotment Option")

and have over-allotted to the investors in the

Offering 3,054,838 Shares. The over-allotted Shares

have been borrowed from Gjelsten Holding AS.

The Over-allotment Option entitles the Joint

Bookrunners, at the request of the Stabilisation

Manager, to purchase up to 3,054,838 additional Shares

from Gjelsten Holding AS at a price per Share equal to

the offer price in the Offering of NOK 31 per Share

(the "Offer Price").

The Stabilisation Manager (or persons acting on behalf

of the Stabilisation Manager) may effect transactions

that stabilise or maintain the price of the Shares at

a level higher than that which might otherwise

prevail, by buying Shares in the open market at prices

equal to or lower than (but not above) the Offer

Price. However, there is no obligation on the

Stabilisation Manager or any person acting for the

Stabilisation Manager to do so. Moreover, there is

no assurance that the Stabilisation Manager (or

persons acting on behalf of the Stabilisation Manager)

will undertake stabilisation activities. If

stabilisation activities are commenced, they may be

discontinued at any time, and must end upon the expiry

of the Stabilisation Period.

Within one week after the expiry of the Stabilisation

Period, the Stabilisation Manager will publish

information as to whether or not price stabilisation

activities were undertaken. If stabilisation

activities were undertaken, the statement will also

include information about: (i) the total amount of

Shares sold and purchased; (ii) the dates on which

the stabilisation period began and ended; (iii) the

price range between which stabilisation was carried

out, as well as the highest, lowest and average price

paid during the stabilisation period; and (iv) the

date at which stabilisation activities last occurred.

Any stabilisation activities will be conducted in

accordance with Section 3-12 of the Norwegian

Securities Trading Act and the EC Commission

Regulation 2273/2003 regarding buy-back programmes and

stabilisation of financial instruments.

For further details see the prospectus dated 16

October 2015 issued by Kid in connection with the

Offering.

ABG Sundal Collier ASA and Arctic Securities AS

(collectively the "Joint Bookrunners") are acting as

Joint Bookrunners in the IPO.

For further enquiries, please contact:

Petter Schouw-Hansen, CFO

+47 482 24 534

ABOUT KID ASA

Kid is the leading and most profitable retailer in the

Norwegian home textile market, typified by products

like duvets, pillows, curtains, bed linens and other

accessories and decorating items. As of 30 September

2015, Kid operated a total of 128 wholly-owned stores

in Norway, in addition to an established e-commerce

platform. Kid traces its history back to 1937, and has

since the 1950s renewed Norwegian homes by offering

attractive and practical curtains, bed linens and

other interior articles. Kid is among the best

known brands within retail in Norway, with 97% of

Norwegian women being familiar with the Company. Kid

has approximately 900 employees with headquarters in

new and modern facilities in Lier, Norway. For more

information visit www.kid.no

IMPORTANT NOTICE

This announcement is not and does not form a part of

any offer to sell, or a solicitation of an offer to

purchase, any securities of the Company.

Copies of this announcement are not being made and may

not be distributed or sent into the United States,

Australia, Hong Kong, Canada, Japan or any other

jurisdiction in which such distribution would be

unlawful or would require registration or other

measures.

The securities referred to in this announcement have

not been and will not be registered under the U.S.

Securities Act of 1933, as amended (the "Securities

Act"), and accordingly may not be offered or sold in

the United States absent registration or an applicable

exemption from the registration requirements of the

Securities Act and in accordance with applicable U.S.

state securities laws. The Company does not intend to

register any part of the offering in the United States

or to conduct a public offering of securities in the

United States. Any sale in the United States of the

securities mentioned in this announcement will

be made solely to "qualified institutional buyers" as

defined in Rule 144A under the Securities Act.

Any offering of the securities referred to in this

announcement will be made by means of a prospectus.

This announcement is not a prospectus for the purposes

of Directive 2003/71/EC (as amended, together with any

applicable implementing measures in any Member State,

the "Prospectus Directive"). Investors should not

subscribe for any securities referred to in this

announcement except on the basis of information

contained in a prospectus.

In any EEA Member State that has implemented the

Prospectus Directive, this communication is only

addressed to and is only directed at qualified

investors in that Member State within the meaning of

the Prospectus Directive.

This communication is only being distributed to and is

only directed at persons in the United Kingdom that

are (i) investment professionals falling within

Article 19(5) of the Financial Services and Markets

Act 2000 (Financial Promotion) Order 2005, as amended

(the "Order") or (ii) high net worth entities, and

other persons to whom this announcement may lawfully

be communicated, falling within Article 49(2)(a) to

(d) of the Order (all such persons together being

referred to as "relevant persons"). This

communication must not be acted on or relied on by

persons who are not relevant persons. Any investment

or investment activity to which this communication

relates is available only for relevant persons and

will be engaged in only with relevant persons. Persons

distributing this communication must satisfy

themselves that it is lawful to do so.

Matters discussed in this announcement may constitute

forward-looking statements. Forward-looking statements

are statements that are not historical facts and may

be identified by words such as "believe", "expect",

"anticipate", "strategy", "intends", "estimate", "will"

, "may", "continue", "should" and similar expressions.

The forward-looking statements in this release are

based upon various assumptions, many of which are

based, in turn, upon further assumptions. Although the

Company believes that these assumptions were

reasonable when made, these assumptions are inherently

subject to significant known and unknown risks,

uncertainties, contingencies and other important

factors which are difficult or impossible to predict

and are beyond its control. Actual events may differ

significantly from any anticipated development due to

a number of factors, including without limitation,

changes in public sector investment levels, changes in

the general economic, political and market conditions

in the Norwegian market, the Company's ability to

attract, retain and motivate qualified personnel,

changes in the Company's ability to engage in

commercially acceptable acquisitions and strategic

investments, and changes in laws and regulation and

the potential impact of legal proceedings and

actions. Such risks, uncertainties, contingencies and

other important factors could cause actual events to

differ materially from the expectations expressed or

implied in this release by such forward-looking

statements. The Company does not guarantee that the

assumptions underlying the forward-looking statements

in this presentation are free from errors nor does it

accept any responsibility for the future accuracy of

the opinions expressed in this presentation or any

obligation to update or revise the statements in this

presentation to reflect subsequent events. You should

not place undue reliance on the forward-looking

statements in this document.

The information, opinions and forward-looking

statements contained in this announcement speak only

as at its date, and are subject to change without

notice. The Company does not undertake any obligation

to review, update, confirm, or to release publicly any

revisions to any forward-looking statements to reflect

events that occur or circumstances that arise in

relation to the content of this announcement.