PSI GROUP ASA: Acquisition of Sydetikett AB - extended notification

As an addition to our announcement dated 10 September 2013 regarding the
acquisition of Sydetikett AB, PSI Group ASA has prepared this extended
notification in accordance with section 3.4 of the Continuing Obligations of
stock exchange listed companies.
Sydetikett AB is one of Sweden's largest and well run digital label printing
facility with a particularly modern machinery and a solid customer base. The
company has 23 employees, and had a turnover of MSEK 52.6 in 2012 with an EBT of
MSEK 5.2. See Appendix for more information about the accounts.
The acquisition complements PSI Group ASA's existing commercial printing
facilities and as a result PSI will be a dominant Scandinavian player within
labels.

«PSI Group ASA already has three modern commercial printing facilities in
Mölndal, Stange and Rælingen, and sells labels for approximately MNOK 90 in the
Norwegian and Swedish markets. This transaction will be lifting label division's
turnover to about MNOK 150." says CEO of PSI Group ASA, Jørgen Waaler.

"In addition, we expect significant synergies when these four companies begin to
coordinate sales / marketing, machinery / investment and operating costs in a
focused product area, PSI Label Solutions, within our business area Retail
Solutions" concludes Waaler.

10 September 2013 PSI Group ASA signed an agreement to acquire all shares in
Sydetikett AB from Dragan Ostojic (22.5 %), Ove Ohlson (22.5 %), Lars Olsson
(22.5 %), Lars Wahlström (22.5 %) and Sten Wahlström (10.0 %) for a total of
MSEK 40.

The sellers received MSEK 30 of the purchase price of MSEK 40 on the completion
date 10 September 2013, and will receive MSEK 10 on 1 March 2015. PSI Group ASA
has financed the acquisition through existing available credit at their main
bank. The transaction was completed on 10 September 2013. The agreement does not
contain any conditions or terms.

PSI Group ASA has applied Oslo Stock Exchange for an exemption from providing an
information document.


For further information, please contact:
Jørgen Waaler, CEO PSI Group ASA, Phone: +47 9059 0010


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


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