Komplett is selling its operations in Ireland, the Netherlands and Belgium to ParaDigit Holding.

On 11 January 2010, Komplett ASA signed an agreement with ParaDigit Holding B.V.

in the Netherlands for the sale of all shares in Komplett B.V.

Komplett B.V., which operates Komplett's web shops in the Netherlands, Belgium

and Ireland, had estimated sales of MNOK 182 and earnings before tax of MNOK -

18 in 2009.

The transaction is scheduled for 1 April 2010. During the period up to the

transfer, the business will be operated by Komplett as usual.

Komplett B.V.'s three web shops: www.komplett.nl, www.komplett.be and

www.komplett.ie, will be moved to ParaDigit Holding's logistics and computer

solutions in connection with the transfer. As part of the agreement between the

parties, Komplett ASA has an option to re-purchase the web shops on 1 April

The parties have also signed a licence agreement for the term of the option that

entitles ParaDigit Holding to use the Komplett name on the web shops being

acquired.

The transaction will have financial and accounting-related effects as from the

take-over of the shares.

The parties have agreed to keep the financial terms and conditions of the

transaction confidential.

For further information, contact CEO Ole Vinje at +47 900 89421 or

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1372549]

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