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Crayon Group Holding Earnings Release 2015

May 8, 2015

Earnings Release

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Crayon Group Holding AS - Q1 2015 results

(Oslo, 8 May 2015) In the first quarter of 2015,

Crayon achieved an underlying gross profit of NOK

193.4 million and operating profit before

depreciation and extraordinary costs (EBITDA) of NOK

8.3 million, compared to NOK 193.7 million and NOK

16.0 million, respectively, for the same period in

Net interest bearing debt as of 31.03.2015 was 493.1

million.

Please see financial report attached.

For additional information:

VP Finance Knut Ansten, tel.: +47 994 59 086,

CFO Torgrim Takle, tel.: +47 951 40 782, e-mail:

or www.crayon.com