XXL

Director's Dealing • May 22, 2017

XXL ASA - Mandatory notification of trade

XXL ASA - Mandatory notification of trade

Central Warehouse Director and primary insider Geir Nielsen

has today, 22 May 2017, bought 30,045 shares in XXL ASA at a

price of NOK 91.27. Following this transaction, Mr. Nielsen

owns 2,548,484 shares in XXL ASA and 133,853 share options

in XXL ASA including ownership of closely related parties.

For further queries please contact:

Tolle Grøterud

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.