AF Gruppen — Director's Dealing 2014

May 27, 2014

Mandatory notification of trade

Mandatory notification of trade

Primary insiders in AF Gruppen ASA (AFG) have today

sold a total of 100,000 shares in the company to

related parties to a primary insider in AF Gruppen

ASA.

Pål Egil Rønn, CEO of AF Gruppen ASA, has sold 50,000

shares in AF Gruppen ASA. New shareholding for Pål

Egil Rønn is 286,755 shares.

Arild Moe, EVP of AF Gruppen ASA, has sold 50,000

shares in AF Gruppen ASA. New shareholding for Arild

Moe is 250,526 shares.

Related party to primary insider and chairman of the

board in AF Gruppen ASA, Tore Thorstensen, ØMF Invest

AS has bought 75,000 shares. New shareholding for ØMF

Invest AS is 10,680,978 shares.

Related party to primary insider and chairman of the

board in AF Gruppen ASA, Tore Thorstensen, KB Gruppen

Kongsvinger AS has bought 25,000 shares. Thorstensen

is general manager in KB Gruppen Kongsvinger AS. New

shareholding for KB Gruppen Kongsvinger AS is 284,564

shares.

All abovementioned transactions were carried out at a

share price of NOK 74.00 per share.