INFORMATION RELATED TO KAPSCH TRAFFICCOM AG’S PURCHASE OF SHARES IN Q-FREE ASA

Reference is made to disclosure dated 16th of January 2009 related to Kapsch TrafficCom AGs (`Kapsch`) purchase of 20.4% of outstanding shares in Q-Free ASA (`Q-Free`).

Kapsch has subsequently of the disclosure of the purchase of 20.4% of the shares in Q-Free made contact with the board of directors in Q-Free for the purpose of starting a dialogue with the company. Due to the fact that the two companies are in an ongoing competitive situation and Q-Free still has not received information regarding the background/intention with regards to Kapsch’s purchase of above mentioned block of shares, the board in Q-Free considers the purchase of shares as unfriendly. Q-Free has therefore required Kapsch to comply with certain conditions before starting a dialogue. Kapsch has so far not been willing to meet such conditions.

The company has engaged lawyer Einar J. Greve as legal advisor in the forthcoming process. The company will continue to inform of a possible development in the process.

19th of January 2009.

Ole Jørgen Fredriksen, Chairman of the board in Q-Free.

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