AF Gruppen — Earnings Release 2016

Apr 6, 2017

Approved annual accounts 2016

Approved annual accounts 2016

The Board of Directors of AF Gruppen ASA (AFG) has on April

6 2017 approved the annual accounts for 2016. Profit before tax

tax was NOK 1 040 million. Tax expense was NOK 253 million

and annual profit was NOK 787 million.

Due to the group's strong financial position, The Board of

Directors will as previously communicated propose to the

General Meeting a dividend payment of NOK 5.00 per share for the

the first half-year, of which NOK 1.25 per share is related

to distribution of excess capital.