Change in the executive management of XXL ASA

Managing Director Sweden, Mr. Lars Bengtsson, has
been appointed the new store manager of our new
store to be opened in Gävle, Sweden. Lars resides in
Gävle, and will no longer commute weekly from Gävle
to Stockholm. With effect from 1 March 2015, he will
step down from the Executive Management team of XXL
ASA. Mr. Marcus Wibergh will take up the position as
Managing Director Sweden from the same date.

For further information please contact:

Mr. Tolle Grøterud

Head of Investor Relations

XXL ASA

tolle.g@xxl.no

+47 90 27 29 59



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