Q-FREE- MANDATORY NOTIFICATION OF TRADE

AS Atlantis Vest has today bought 322,479 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 20,640,934 shares and represents 23.13 % of the shares in the
Company.

Bergen, 20 February 2019