Q-Free ASA — Director's Dealing 2015

Nov 12, 2015

Q-FREE - MANDATORY NOTIFICATION OF TRADE

Q-FREE - MANDATORY NOTIFICATION OF TRADE

Trondheim 12 November 2015: Acting CEO Roar Østbø has today purchased 10,500

shares in Q-Free ASA at an average price of NOK 08.15. Østbø owns 118,500 shares

and holds 150,000 synthetic options in Q-Free ASA after the transaction.

VP APMEA, Per Fredrik Ecker has today purchased 10,000 shares in Q-Free ASA at

an average price of NOK 8.20. Ecker owns 33,500 shares and holds 70,000

synthetic options in Q-Free ASA after the transaction.

VP Managed services, Frank Kjelsli has today purchased 5,000 shares in Q-Free

ASA at an average price of NOK 8.20. Kjelsli owns 20,000 shares and holds 70,000

synthetic options in Q-Free ASA after the transaction.

VP Nordic, Pål Rune Johansen has today purchased 2,500 shares in Q-Free ASA at

an average price of NOK 8.15. Johansen owns 10,000 shares and holds 70,000

synthetic options in Q-Free ASA after the transaction.

CTO, Jos Nijhuis has today purchased 8,000 shares in Q-Free ASA at an average

price of NOK 8.05. Nijhuis owns 533,552 shares and holds 60,000 synthetic

options after the transaction.