Q-FREE – CONTRACT FOR SERVICE AND MAINTENANCE IN STOCKHOLM  – NOK 36 MILLION

The Swedish Transport Administration (Trafikverket) has decided to continue the cooperation with Q-Free ASA related to service- and maintenance of the congestion charging infrastructure in Stockholm. The order value is approximately NOK 36 million.

Closing date for submission of complaints is 10 days, and formal contractual signing can take place after this period at the earliest.

"We see Sweden as being in the forefront with respect to applying advanced road pricing systems to reduce traffic congestion, and we are proud to be a part of these initiatives also going forward", comments CEO in Q-Free Øyvind Isaksen.

The contract is for three years starting November 1st 2013.

Q-Free has a subsidiary in Stockholm, Sweden.

Trondheim 10 July 2013

For further information, please contact:

CEO: Øyvind Isaksen          +47 908 76 398

CFO: Roar Østbø                +47 932 45 175

Q-Free is a leading global supplier of products and solutions for Road User Charging and Advanced Transportation Management. The company has approximately 300 employees and is represented in 17 countries. Headquarter is based in Trondheim, Norway. Q-Free is listed on the Oslo Stock Exchange with the ticker QFR.

www.q-free.com

Twitter@QFreeASA

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