QFR - CONTEMPLATED PRIVATE PLACEMENT
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.Q-Free ASA ("Q-Free") has retained SEB Enskilda AS (the "Manager") to advise on and effect a private placement of new shares directed towards existing shareholders, Norwegian investors and international institutional investors. Q-Free may in the private placement issue up to 5,100,000 new shares, equalling approximately 9.3% of the outstanding share capital. The subscription price will be determined through a book-building process. The minimum order and allocation