Hexagon Composites ASA : Mandatory notification of trade

Flakk Holding AS sold the 27 November 2013 6,000,000 shares in Hexagon
Composites ASA at a price of NOK 24.50 per share. Flakk Holding AS
simultaneously entered into a forward contract to buy back the same shares on
27 May 2014 at a price of 24.959 per share. The share price difference
constitutes interest compensation to the counterparty.

The forward contract has the 27 May 2014 been extended to 5 September 2014,
forward price NOK 25.237.

Flakk Holding AS is a company controlled by the Chairman of Hexagon Composites
ASA, Mr. Knut Flakk. After the sale, Flakk Holding Group holds 44,915,988 shares
which constitutes 33.70% of the shares, but retains exposure to the same number
of shares as before the sale, namely 50,915,988 shares equal to 38.20% of the
shares in Hexagon Composites ASA.


For more information:
Flakk Holding AS, by Knut Flakk
Telephone: +47 997 46 000 | knut.flakk@flakk.no

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


[HUG#1788813]