Crayon Group Holding — Earnings Release 2016

Oct 28, 2016

Crayon Group Holding AS - Q3 2016 results

Crayon Group Holding AS - Q3 2016 results

(Oslo, 28 October 2016) In the third quarter of

2016, Crayon achieved an underlying gross profit of

NOK 216.0 million and operating profit before

depreciation, amortization and exceptional items

(EBITDA) of NOK -11.4 million, compared to NOK 162.2

million and NOK -2.2 million, respectively, for the same

same period in 2015.

Net long term debt as of 30.09.2016 was 638.2

million.

Please see financial report attached.

For additional information:

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

e-mail: knut.ansten@crayon.com

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

torgrim@crayon.com

or www.crayon.com