Crayon Group Holding — Earnings Release 2016

Aug 3, 2016

Crayon Group Holding AS - Q2 2016 results

Crayon Group Holding AS - Q2 2016 results

(Oslo, 3 August 2016) In the second quarter of

2016, Crayon achieved an underlying gross profit of

NOK 330.6 million and operating profit before

depreciation, amortization and exceptional items

(EBITDA) of NOK 61.0 million, compared to NOK 235.4

million and NOK 53.4 million, respectively, for the same

same period in 2015.

Net long term debt as of 30.06.2016 was 491.5

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