Q-FREE - ANNUAL ACCOUNTS 2015

Trondheim 31 March 2016:
The Board of Directors of Q-Free ASA has on 30 March 2016 approved the Directors
Report and the Consolidated Financial Statements for 2015. The Consolidated
Financial Statements are presented according to IFRS and will be presented for
final approval at the Annual General Meeting scheduled to be held 26 May 2016.
The Group's Annual Audited Consolidated Financial Statements include no changes
compared to the preliminary full year results presented 10 February 2016.

The Board of Directors proposes to the Annual General Meeting that there will be
no distribution of dividends for the accounting year of 2015.

The Annual report including the Directors report and the Consolidated Financial
Statements for 2015 will be published on the Company's website  (http://www.q
-free.com)www.q-free.com (http://www.q-free.comtogether) together with the
notice for the Annual General Meeting.

For further information, please contact:

Acting CEO and CFO Roar Østbø: +47 932 45 175

About Q-Free

Q-Free is a leading global supplier of products and solutions within the global
ITS market. The Q-Free Group has approximately 430 employees with offices in 20
countries and presence on all continents. The Q-Free head office is in
Trondheim, Norway. Q-Free is listed on the Oslo Stock Exchange under the ticker
QFR.

www.q-free.com

Twitter: @Q-FreeASA