Q-FREE –PAYMENTS RELATED TO THE SETTLEMENT AGREEMENT IN SLOVAKIA RECEIVED

As previously announced the Settlement Agreement between SkyToll a.s and Q-Free ASA was signed 30th of March 2011. The two first installments, 10 MNOK at signing and 72 MNOK late April have now been received according to the Agreement. The final installment of approximately 20 MNOK is expected late June 2011. Trondheim 29 april 2011   For further information, please contact: CEO Øyvind Isaksen, cell: 47 905 59 401 CFO Roar Østbø, cell: 47 932 45 175   About Q-Free Q-Free is a leading global supplier of solutions and products for Road User Charging and Traffic