NEXT Biometrics Group ASA - Capital/Financing Update 2016

NEXT Biometrics Group ASA - Exercise of options and registered share capital increase

Reference is made to the annual general meeting held 15 June 2016 at which the

general meeting of NEXT Biometrics Group ASA ("NEXT Biometrics" or the "Company")

authorized the board of directors to increase the share capital of the Company in

connection with the Company's share option program.

Pursuant to the Company's share option program, a total of 207,125 share options have

been exercised at an average strike price of NOK 17.56 per share. Consequently, the

board of directors has resolved to increase the share capital by issuance of 207,125 new

shares in the Company.

Included in the 207,125 are the mandatory notifications of the primary insiders exercise

announced 30 August, CEO Tore Etholm-Idsøe of 118,000 share options and the

exercise announced 31 August for FKKG AS, a company 80% owned by board member

Ketil Fridheim, of 25,000 share options.

Following this share capital increase, the share capital of the Company is NOK

15,158,980 divided by 15,158,980 shares each with a nominal value of NOK 1. After this

option exercise, the total numbers of options outstanding are 1,128,811 and the

remaining amount under the board authorization is NOK 1,128,811.

About NEXT Biometrics

Enabled by the Active Thermal Principle, NEXT offers rigid and flexible, high

performance, low cost fingerprint sensors. The Company is uniquely positioned in

markets demanding high performance for close to 100% its targeted populations. The

company competitive advantages of are maximized in a range of product formats

including SmartCards, Key-fobs, Remote Controls, Door systems and high end

Notebook and Tablets.

NEXT Biometrics Group ASA is a publicly listed company headquartered in Oslo, Norway

and with sales, support and development subsidiaries in Seattle, Silicon Valley, Taipei,

Prague and Shanghai.

Media and Investor contacts for NEXT Biometrics:

Tore Etholm-Idsøe, CEO, [email protected] and

Knut Stalen, CFO, [email protected].

This information is subject to the disclosure requirements pursuant to section 5-12 of

the Norwegian Securities Trading Act.

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