XXL ASA – Purchase own shares

Reference is made to the stock exchange release on 4 March 2015 announcing a program to repurchase up to 130,000 own shares.

As part of this program, XXL ASA purchased 13,500 own shares on 6 March 2015. The shares were purchased at an average price of NOK 73.01 per share.

After the transaction XXL ASA holds 25,000 own shares, representing 0.02% of the outstanding number of shares.

For further queries, please contact:

Tolle O. R. Grøterud, Head of Investor Relations, XXL ASA

Tel: +47 90 27 29 59

E-mail: ir@xxlasa.com

About XXL ASA

XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden and Finland. It is the fastest growing among the major sports retailers in the Nordic. XXL pursues a broad customer appeal, offering a one stop shop experience with a wide range of products for sports, hunting, skiing, biking and other outdoor activities. XXL's concept is to have the largest stores with the lowest prices and the widest assortment of products, focusing on branded goods

This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act