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XXL Director's Dealing 2016

May 24, 2016

3793_dirs_2016-05-24_c5f83fdf-bc59-42a5-b011-a83885d0bad2.html

Director's Dealing

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Mandatory notification of trade

CFO and primary insider Krister Pedersen has today, through

his 100% owned company Kritisk Invest AS, sold 27,816 shares

in XXL ASA at a price of NOK 102.51. Following this

transaction, Mr. Pedersen owns 280,000 shares in XXL ASA

(through Kritisk Invest AS) and 70,386 share options in XXL

ASA.

For further queries please contact

Tolle Grøterud

Head of Investor Relations XXL ASA

+47 90272959

This information is subject to the disclosure

requirements pursuant to section 5-12 of the Norwegian

Securities Trading Act.

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XXL — Director's Dealing 2016

3793_dirs_2016-05-24_c5f83fdf-bc59-42a5-b011-a83885d0bad2.html

Mandatory notification of trade

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XXL Director's Dealing 2016