Q-FREE- MANDATORY NOTIFICATION OF TRADE

President and CEO of Q-Free ASA, Håkon Volldal, has through his private investment company, Bright Future AS, today purchased 27,500 shares in Q-Free ASA at an average price of NOK 7.54 per share. Volldal controls 152,500 shares and holds 869,970 share options in Q-Free ASA after the transaction.