Result of Subsequent Offering

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Oslo 6 November 2015

Reference is made to the stock exchange notices published by Cxense ASA (the "Company") on 20 October and 22 October 2015 regarding the Subsequent Offering.

The subscription period under the Subsequent Offering expired on 5 November 2015 at 16:30 CET, and the Subsequent Offering was fully subscribed.

Based on the subscriptions received, including over-subscriptions, and using the allocation principles set out by the Board of Directors in the Company by authorization from the extraordinary general meeting on 12 October 2015, the Board of Directors has resolved to allocate and issue the maximum of 150,000 Offer Shares at a subscription price of NOK 100 per Offer Share.

The subscribers who were allocated Offer Shares will receive a letter confirming the number of Offer Shares allocated and the corresponding amount to be paid by each subscriber. The letters are expected to be distributed today, 6 November 2015. Payment for the allocated Offer Shares falls due on 11 November 2015.

Following the registration of the Subsequent Offering with the Norwegian Register of Business Enterprises, the share capital of the Company will be NOK 30,242,355 divided into 6,048,471 shares, each with a par value of NOK 5. The Offer Shares will be delivered to the subscribers as soon as reasonably practical following such registration. The shares issued in the Subsequent Offering may not be transferred or traded until they are fully paid and registered on the VPS account of the individual subscriber.

For every two (2) Shares subscribed for and allocated in the Subsequent Offering, one (1) warrant will be attached and issued to such subscriber. I.e in total there will be issued 75,000 warrants as a result of the Subsequent Offering. The warrants will be issued free of charge. Each warrant would entitle the holder to demand the issuance of one (1) share in the Company. The warrant will have a term expiring on 12 November 2016; however, it may not be exercised until the one-year anniversary of the resolution passed by the EGM and then only so long as the holder, during such one-year period, has not sold or otherwise disposed over the Offer Shares to which the warrant is attached. The warrants will be exercisable at an exercise price per share of NOK 130. The warrants are non-transferable. Following the registration of the Subsequent Offering with the Norwegian Register of Business Enterprises there will be a total of 475,000 warrants outstanding with terms as described above.

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About Cxense

Cxense enables the world’s leading media, e-commerce and consumer brands to take control of their audience data to deliver more engaging and personalized user experiences. Businesses using Cxense's advanced real-time analytics, data management (DMP), advertising, search and personalization technology gain more engaged users, increased digital revenue and higher sales conversions. Cxense is headquartered in Oslo, Norway, with offices worldwide.  Customers include Condé Nast, Dow Jones/Wall Street Journal, Gannett, The Weather Channel, Globo, Grupo Clarin, Singapore Press Holdings, South China Morning Post, AEON, DMM, Rakuten, Naspers, Bonnier, El País, The Guardian, Schibsted, and many more. For more information:  www.cxense.com , Twitter: @Cxense. Cxense is listed on the Oslo Stock Exchange with the ticker ‘CXENSE.’

Investor Relations Contact:

Jørgen Loeng

Chief Financial Officer

Email:  jorgen.loeng@cxense.com

Mobile:  +47 906 60 062