CXENSE - Share issue to two former employees

The Board of Directors of Cxense ASA ("CXENSE") has resolved to issue 3,400 shares to two former employees, in accordance with the Company's 2012 share option plan, corresponding to a share capital increase of NOK 17,000 (each share issued having a par value of  NOK 5). Following this transaction, the Company's share capital will be NOK 36,727,270.

The average subscription price of the 3,400 shares issued was NOK 106.47. The total subscription price is NOK 362,000, of which NOK 17,000 is added to the Company's share capital while NOK 345,000 is added to the Company's funds in accordance with the provisions of the Public Limited Companies Act.

Investor Relations Contact

Jørgen M. Loeng

Chief Financial Officer

Email: jorgen.loeng@cxense.com

Mobile: +47 90 66 00 62

1 July 2016

Cxense ASA

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.