Techstep ASA - Share Issue/Capital Change 2016

Key information relating to the Share Consolidation to be carried out by Birdstep Technology ASA

Reference is made to stock exchange announcements regarding

the share consolidation in Birdstep Technology ASA

("Birdstep" or the "Company").

The share consolidation, which was approved by the Company's

Extraordinary General Meeting on 29 January 2016, is carried

out in the ratio of 10:1, which entails that 10 existing

shares, each having a par value of NOK 0.10, gives 1 new

share having a par value of NOK 1.00 following the share

consolidation.

The primary purpose of the share consolidation is to bring

the Company back into compliance with the requirement of a

minimum market value of NOK 1.00 per listed share on the

Oslo Stock Exchange.

Date on which the corporate action was made public: 8

January 2016 (Notice of EGM)

Last day including right: 10 March 2016

Ex-date: 11 March 2016

Record date: 14 March 2016

Date of approval: 24 February 2016

This information is published in accordance with the

requirements of the Continuing Obligations.

For further information, please contact:

Marie-Louise Nilsson Kanon

VP Market Communications

+46 8 6279140

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