MINUTES OF THE ANNUAL GENERAL MEETING 2009

Q-Free ASA held its ordinary Annual General Meeting on the 18th of May 2009 at 15:30 pm.The Board of Directors`s annual report and the annual accounts for 2008 were approved unanimously. No dividend will be distributed for the financial year 2008. Ole Jørgen Fredriksen, Christian Albech and Mimi Kristine Berdal were re-elected as members of the Board of Directors. The Board of Directors will, according to this election, have the following composition: Ole Jørgen Fredriksen (Chairman) Christian Albech Mimi Kristine Berdal Torild Skogsholm Jan Pihl Grimnes Sissel Lillevik Larsen (Employee