ABG Sundal Collier — Share Issue/Capital Change 2016

Apr 27, 2016

Partner share transactions / Issuing of new shares

Partner share transactions / Issuing of new shares

With reference to our press release of 8 March 2016

ABG Sundal Collier Holding ASA ("ABGSC") will issue

3,195,000 new shares to partners. The shares will be

issued at NOK 4.43 per share. In addition and with

reference to the press release of 3 March 2015 and 30

May 2014 ABGSC will issue 819,400 new shares at a

price of NOK 2.67 per share and 565,000 new shares at

a price of NOK 3.19 per share. The previously agreed

prices of NOK 5.03, NOK 4.41 and NOK 4.98 per share

have been adjusted for dividends and earlier

settlement of the forward contracts.

Total proceed for the 4,579,400 new shares issued is

NOK 18,143,998, of which NOK 1,053,262 is added to the

share capital and NOK 17,090,736 is added to the

account for paid in surplus capital.

Following the transactions above the company will have

a total of 470,747,095 shares outstanding. The company

owns 2,899,425 treasury shares. The company has

forward contracts with partners for a total of

36,909,138 shares with settlement in 2016 - 2019.

ABGSC has authorization to re-purchase its shares in

the market or to issue new shares.

Following the transaction ABGSC will issue the 272,400

shares purchased by Arild A. Engh. Following the

transaction Arild A. Engh owns 5,573,138 shares incl.

shares owned by 100% owned companies, plus forward

agreement on 300,138 shares. His total holding is

unchanged.

Following the transaction ABGSC will issue the 550,000

shares purchased by Knut Brundtland. Following the

transaction Knut Brundtland owns 4,450,000 shares

incl. shares owned by Giotto AS, plus forward

agreement on 100,000 shares. His total holding is

unchanged.

Following the transaction ABGSC will issue the 144,100

shares purchased by Mark P. Gretton. Following the

transaction Mark P. Gretton owns 1,388,600 shares. His

total holding is unchanged.

Following the transaction ABGSC will issue the 157,433

shares purchased by Geir Ringstad. Following the

transaction Geir Ringstad owns 1,007,200 shares incl.

shares owned by a 100% owned company. His total

holding is unchanged.

Following the transaction ABGSC will issue the 79,267

shares purchased by Espen Wahl. Following the

transaction Espen Wahl owns 300,000 shares. His total

holding is unchanged.

Following the transaction ABGSC will issue the 64,600

shares purchased by Rune Ruud. Following the

transaction Rune Ruud owns 182,500 shares. His total

holding is unchanged.

Following the transaction ABGSC will issue 285,000

shares purchased by Magnus Tornling at a price of NOK

2.67 per share. The previously agreed price of NOK

4.41 per share has been adjusted for dividend and

earlier settlement of the forward contract. Following

the transaction Magnus Tornling owns 784,000 shares

incl. shares owned by a 100% owned company. His total

holding is unchanged.

Following the transaction ABGSC will issue 11,300

shares purchased by Roar Hatling at a price of NOK

2.67 per share. The previously agreed price of NOK

4.41 per share has been adjusted for dividend and

earlier settlement of the forward contract. Following

the transaction Roar Hatling owns 236,300 shares incl.

shares owned by a 100% owned company, plus forward

agreements on 113,700 shares. His total holding is

unchanged.

Contacts:

Knut Brundtland, CEO +47 22 01 60 07

Geir B. Olsen, CFO +47 22 01 60 35