StrongPoint

Earnings Release • Feb 24, 2015

PSI Group ASA : Fourth quarter 2014 result

PSI Group ASA : Fourth quarter 2014 result

PSI Group ASA delivers record high operating revenues and EBITDA

Good underlying operations, and successful acquisitions results in record high

operating revenues and EBITDA.

Operating revenues:

4th quarter 2014: MNOK 252.2 (188.5) + 33.7 per cent

Year 2014: MNOK 828.5 (718.9) + 15.3 per cent

EBITDA:

4th quarter 2014: MNOK 26.8 (15.5) + 72.9 per cent

Year 2014: MNOK 61.0 (54.2) + 12.6 per cent

The board will propose a dividend of NOK 0.35, an increase of 17 % compared to

previous year.

Based on a conservative assessment, and in accordance with IFRS, the intangible

assets in SQS Security has been written off with MNOK 32.4 from MNOK 39.1 to

MNOK 6.7. The impairment has no cash effect.

About PSI Group

PSI Group's mission: Driving Retailers' productivity by providing innovative

integrated technology solutions.

PSI Group's vision: Becoming a recognized global provider of Retail Technology

Solutions.

PSI Group has it's headquarter in Rælingen and has approximately 570 employees.

The company is listed on the Oslo Stock Exchange. See www.psigroup.no for

further information.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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