Techstep ASA - Share Issue/Capital Change 2016

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

Reference is made to the stock exchange notices on 24

February and 10 March 2016 regarding the share consolidation

in Birdstep Technology ASA ("BIRD" or the "Company").

The 29 January 2016 Extraordinary General Meeting, as

previously announced, resolved a share consolidation, so

that ten (10) shares, each having a par value of NOK 0.10,

are consolidated into one (1) share having a par value of

NOK 1.00. In this regard, it was communicated that

shareholders who do not own a number of shares that is

dividable by ten (10) will be rounded upwards, free of

charge, so that they have a number of shares dividable by

ten (10), by way of a transfer of shares from one or more of

BIRD's existing shareholders and/ or BIRD's holding of own

shares.

The Board of Directors of BIRD has resolved to use a portion

of BIRD's holding of own shares to round up existing

shareholder's number of shares in connection with the

implementation of the share consolidation, effective as of

today.

This information is subject of 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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