Mandatory notification of trade

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Håkon Volldal, President & CEO of Q-Free ASA, has today acquired 71,171 shares in Q-Free ASA at an average price of NOK 4.063 per share. The shares were acquired through Bright Future AS, a company fully controlled by Volldal. Following the transaction, Volldal controls 225,000 shares in Q-Free ASA.

This information is subject to disclosure requirements pursuant to §4-2 of the Norwegian Securities Trading Act.