XXL ASA - Purchase own shares

Reference is made to the stock exchange release on 26
February 2016 announcing a program to repurchase up to
97,000 own shares.

As part of this program, XXL ASA purchased 10,000 own shares
on 7 March 2016. The shares were purchased at an average
price of NOK 95.97 per share.

After the transaction XXL ASA holds 115,000 own shares,
representing 0.08% of the outstanding number of shares.

For further queries, please contact:

Tolle O. R. Grøterud, Head of Investor Relations, XXL ASA
Tel: +47 90 27 29 59
E-mail: ir@xxlasa.com

About XXL ASA

XXL is a leading sports retailer with stores and e-commerce
in Norway, Sweden and Finland. It is the fastest growing
among the major sports retailers in the Nordic. XXL pursues
a broad customer appeal, offering a one stop shop experience
with a wide range of products for sports, hunting, skiing,
biking and other outdoor activities. XXL's concept is to
have the largest stores with the lowest prices and the
widest assortment of products, focusing on branded goods



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