MANDATORY NOTIFICATION OF TRADE

MANDATORY NOTIFICATION OF TRADE

CEO, Øyvind Isaksen has today purchased 19,500 QFR shares at an average
price of NOK 20.29. New holding of QFR shares after the transaction is
91,989. Isaksen holds 675,000 share options in Q-Free ASA.

CFO, Roar Østbø, has today purchased 10,000 QFR shares at an average
price of NOK 20.25. New holding of QFR shares after the transaction is
47,000. Østbø holds 150,000 share options in Q-Free ASA.

VP Operations, Marianne Sandal, has today purchased 5,000 QFR shares at
an average price of NOK 20.20. New holding of QFR shares after the
transaction is 17,000. Sandal holds 150,000 share options in Q-Free ASA.

VP Sales, Per Ecker, has today purchased 1,500 QFR shares at an average
price of NOK 20.30. New holding of QFR shares after the transaction is
6,500. Ecker holds 150,000 share options in Q-Free ASA.

VP R&D, Hans Christian Bolstad, has today purchased 2,000 QFR shares at
an average price of NOK 20.30. New holding of QFR shares after the
transaction is 4,000. Bolstad holds 150,000 share options in Q-Free ASA.

VP Business Development, Steinar Furan, has today purchased 2,500 QFR
shares at an average price of NOK 20.30. New holding of QFR shares after
the transaction is 22,500. Furan holds 150,000 share options in Q-Free
ASA.

HR Manager, Stein-Tore Nybrodahl, has today purchased 2,500 QFR shares
at an average price of NOK 20.30. New holding of QFR shares after the
transaction is 7,500. Nybrodahl holds 45,000 share options in Q-Free
ASA.

Trondheim 9th of March 2010

For further information, please contact:
CEO Øyvind Isaksen, cell: +47 905 59 401
CFO Roar Østbø, cell: +47 932 45 175

About Q-Free
Q-Free is a leading global supplier of solutions and products for Road
User Charging and Traffic Surveillance having applications mainly within
electronic toll collection for road financing, congestion charging,
truck-tolling, law enforcement and parking/access control. Q-Free offers
solutions and products based on state of the art technology, and is the
leading supplier within DSRC (tag) - and ALPR (Automatic License Plate
Registration) and GNSS (Global Navigation Satellite System) based
solutions, with deliveries in Europe, Asia-Pacific, Middle East and
North- and South America. The company has appr. 300 employees in 11
locations and representatives in 7 other countries. Headquarter is based
in Trondheim, Norway. Q-Free is listed on the Oslo Stock Exchange with
the ticker QFR.
http://www.q-free.com