Q-FREE – ANNUAL RESULT 2013

The Board of Directors of Q-Free ASA has today approved the Directors Report and the Consolidated Financial Statements for 2013. The Consolidated Financial Statements are presented according to IFRS and will be presented for final approval at the Annual General Meeting scheduled to be held 22 May 2014.

The Group's Annual Audited Consolidated Financial Statements include no changes compared to the preliminary results for 2013, presented in the fourth quarter report. The Board of Directors proposes to the Annual General Meeting that there will be no distribution of dividends for the accounting year of 2013.

The Annual report including the approved accounts will be published on the Company's website www.q-free.com together with the notice for the Annual General Meeting.

Trondheim 26.03.2014

For further information, please contact:

CEO Thomas Falck, cell +47 468 00 767

CFO Roar Østbø, cell +47 932 45 175

About Q-Free
Q-Free is a leading global supplier of products and solutions within Road User Charging and Advanced Transportation Management Systems. The Company has approximately 300 employees with offices in 14 countries and presence on all continents. The company's head office is in Trondheim, Norway. Q-Free is listed on Oslo Stock Exchange under the ticker QFR.

www.q-free.com

Twitter@QFreeASA

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