Techstep ASA - Share Issue/Capital Change 2016

Birdstep Technology ASA - Use of own shares in connection with the share consolidation

Reference is made to the stock exchange announcement

regarding the use of own shares in connection with the share

consolidation in Birdstep Technology ASA ("BIRD" or the

"Company") on 11 March 2016.

In connection with the implementation of the share

consolidation, the Board of Directors of BIRD has, as

previously communicated, resolved to use a portion of BIRD's

own holding of shares to round up existing shareholder's

number of shares, free of charge. BIRD has used a total of

192 own shares to round up existing shareholders. Following

implementation of the share consolidation, BIRD holds a

total of 1,914 own shares.

This information is subject to the disclosure requirements

pursuant to Chapter 4 of the Norwegian Securities Trading

Act.

For further information, please contact:

Marie-Louise Nilsson Kanon

VP Market Communications

+46 8 6279140

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