XXL

Transaction in Own Shares • Mar 31, 2015

XXL ASA - End of program to repurchase own shares

XXL ASA - End of program to repurchase own shares

XXL ASA announced a program to buy-back own shares

on 4 March 2015 and has on 31 March 2015 completed

the program. In the period XXL ASA purchased a total

of 105,000 shares in the market at an average price

of NOK 71.95 per share, for an aggregate

consideration of NOK 7,554,950. The shares purchased

will in full be used in a program for restricted

share units for employees.

For further queries, please contact:

Tolle O. R. Grøterud, Head of Investor Relations,

XXL ASA

Tel: +47 90 27 29 59

E-mail: ir@xxlasa.com

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