TOMRA:  CLOSING COMPAC TRANSACTION

Reference is made to the stock exchange announcement on 12 October 2016, related to the acquisition of Compac Holdings Ltd (Compac).

The New Zealand Overseas Investment Office has now advised us of its approval of the acquisition.

Closing of the transaction will consequently take place on 31 January 2017, and Compac will be consolidated into the Tomra Group accounts from 1 February 2017.

For questions please contact:  CFO Espen Gundersen +47 97 68 73 01.

Asker, 19 January 2017

TOMRA SYSTEMS ASA

TOMRA was founded on an innovation in 1972 that began with design, manufacturing and sale of reverse vending machines (RVMs) for automated collection of used beverage containers. Today, TOMRA has ~86,000 installations in over 80 markets worldwide and had total revenues of ~6.1 billion NOK in 2015. The Group employs ~2,600 globally, and is publicly listed on the Oslo Stock Exchange. (OSE: TOM). The TOMRA Group continues to innovate and provide cutting-edge solutions for optimal resource productivity within two main business areas: Collection Solutions (reverse vending and material recovery) and Sorting Solutions (recycling, mining and food sorting). For further information about TOMRA, please see www.tomra.com