Crayon Group Holding - Capital/Financing Update 2017

Mandate and Roadshow Announcement

(Oslo, 16 March 2017) Crayon Group Holding AS ("Crayon") has mandated ABG Sundal Collier ASA and Danske Bank to arrange a

series of fixed income investor meetings in the Nordics commencing on 20 March, 2017. A NOK 600 million 3-year senior

secured debt capital markets transaction may follow, subject to inter alia market conditions.

Crayon forecasts a full year EBITDA in 2017 at MNOK 146, representing a MNOK 41 increase compared to FY 2016. The

profitability increase stems from continued profitability growth among the established markets in addition to profitability

profitability uplift from the immature markets with inception point in 2014 and beyond.

Crayon will offer a contingent buyback in CHG01 (NO0010714595) at 102% of par value plus accrued interest. If successful,

net proceeds from such transaction will be used to refinance the outstanding CGH01.

For further information, please contact:

Torgrim Takle, CEO, +47 95 14 07 82

Knut Ansten, CFO, +47 99 45 90 86

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act

Act.

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