Q-FREE- MANDATORY NOTIFICATION OF TRADE

AS Atlantis Vest has today bought 33,708 shares in Q-Free ASA, at an average
price of NOK 7.40 per share. The total shareholding of AS Atlantis Vest in Q
-Free ASA is 20,318,455 shares and represents 22.77 % of the shares in the
Company.

Bergen, 19 February 2019