ABG Sundal Collier — Capital/Financing Update 2017

Jun 1, 2017

Oslo, 1 June 2017

Extension of forward contracts

With reference to our press release of 2 June 2016 ABG Sundal Collier Holding ASA has agreed with 6 partners to extend their forward contracts of a total of 1,449,600 shares with settlement 1 June 2019.

New forward prices for the extended forward contracts have been calculated as follows:

		Adjusted
Number of shares	Initial forward price	forward price as of 1 June 2017	New maturity date	New forward price
450,000	2.59	2.09	01/06/2019	2.18
196,300	2.79	2.29	01/06/2019	2.38
100,000	2.95	2.45	01/06/2019	2.55
472,000	4.03	3.53	01/06/2019	3.68
134,800	7.17	6.67	01/06/2019	6.95
96,500	7.56	7.06	01/06/2019	7.35

Following the transactions above the company has forward contracts with partners for a total of 33,425,100 shares with settlement in 2018 – 2022. The company owns 11,504,623 treasury shares. ABGSC has authorization to re-purchase its shares in the market or to issue new shares.

Contacts: Geir B. Olsen CFO +47 22 01 60 00