Europris

Transaction in Own Shares • Oct 31, 2018

Europris ASA initiates share buy-back programme

Europris ASA initiates share buy-back programme

Fredrikstad, 31 October 2018: The board of directors (the "board") of Europris

ASA ("Europris") has resolved to initiate a share buy-back programme. Pursuant

to the authorisation granted by the annual general meeting in Europris on 23 May

2018, the board has resolved that the company may carry out acquisitions of up

to 2,500,000 own shares. These shares may either be used as payment of

acquisition of 20 per cent equity stake in Runsvengruppen AB, reference is made

to the stock exchange announcement by Europris on 18 June 2018, or be deleted in

connection with a reduction of the registered share capital.

The buy-back program will be in force until the maximum number of shares as set

out above has been acquired, unless the board resolves to terminate the

programme at an earlier time. For additional information regarding the scope of

the authorisation granted to the board by the annual general meeting, please

refer to the minutes available at

www.europris.no/corporate (http://www.europris.no/corporate/investor).

For further information, please contact:

Espen Eldal, CFO

Telephone: +47 48 29 24 24

E-mail: ir@europris.no (ir@europris.no%3cmailto:ir@europris.no)

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.