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Q-FREE- MANDATORY NOTIFICATION OF TRADE

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SVP Americas, Morten Andersson, has on 16 February 2018 sold 17,700 shares in Q-Free at an average price of NOK 7.70 per share. Andersson owns no shares and holds 270,249 share options in Q-Free after the transaction.

Due to US legislation, Andersson, as a consequence of moving to the US, had to sell his shares in Q-Free.

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