Notice of Annual General Meeting 2016

Notice is hereby given that the Annual General Meeting of XXL ASA will be held at the company's headquarter, Strømsveien 245, Alna Senter (entrance on the right side of Maxbo), Oslo, Norway on Friday 3 June 2016 at 09.00 CET.

Please find the full notice with the agenda attached.

All relevant documents are available on www.xxlasa.com/general-meetings

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 largest and 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.