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Q3 2015 Financial & Operational Report

Gripen Oil & Gas AB (publ), (Gripen), focussed on exploring for and producing oil and gas in Sweden, announces an operational and unaudited financial update for the third quarter ending 30thof September 2015. FINANCIAL SUMMARY · The Group has no revenue to report during the third quarter and first nine months of 2015, result after tax for the Gripen Group’s third quarter amounted to SEK -0.4 million        (-1.1 million) with a result per share of -0.004 (-0.01). · Result after tax for Gripen Group’s first nine months 2015 amounted to SEK -2.3 million   (-3.2) with a result

– Board Changes

The Board of Gripen Oil & Gas AB (publ) is pleased to announce the appointment independent director, Sven-Erik Zachrisson, as interim Chairman for the company until the AGM in 2016. “We are delighted to appoint Sven-Erik Zachrisson as our Chairman. His previous experience chairing E&P companies will be invaluable to us in the future” said Stephen Crabtree, CEO. For further information please visit the company web site www.gripenab.com or contact: Stephen CrabtreeChief Executive Officer, Gripen Oil & Gas AB (publ)Phone: +46 72 526 69 88Email: info@gripenab.com

Gripen Oil & Gas AB (publ) – Board Changes

My Simonsson has announced her resignation from the board of Gripen Oil & Gas AB (publ) for personal reasons. “We would like to thank My for her valuable contribution as chairman to the company since its formation and we would like to wish My every success in the future” said Stephen Crabtree, CEO of Gripen Oil & Gas AB. For further information please visit the company web site www.gripenab.com or contact: Stephen Crabtree Chief Executive Officer, Gripen Oil & Gas AB (publ) Phone: +46 72 526 69 88 Email: info@gripenab.com

Q1 2015 financial & operational report

FINANCIAL SUMMARY · No revenue to report during the quarter, result before tax for the Gripen Group’s first quarter amounted to SEK -0.9 million (-0.9) with a result per share of -0.04 (-0.01). · Approximately SEK 3.1 million (10.9) in cash at the end of March 2015.Gripen Oil & Gas AB (publ), (GOG), focussed on exploring for and producing oil and gas in Sweden, announces an operational and unaudited financial update for the first quarter ending 31st of March 2015. OPERATIONAL SUMMARY GOG has been actively working on both the gas discoveries in Östergötland and finalising oil

Appointment of New CEO of Gripen Oil & Gas AB (publ)

Gripen Oil & Gas AB (publ) announced today that Board member and main shareholder, Stephen Crabtree, has been appointed CEO of the Gripen Group following the resignation of Niclas Biörnstad from the role. “We would like to thank Niclas for his valuable contributions and committed work in the development of the Group and its projects and wishes him success in his future business activities” commented Gripen’s Chairman, My Simonsson. For further information please visit the company web site www.gripenab.com or contact: Stephen Crabtree Chief Executive Officer, Gripen Oil & Gas AB (

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