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2016-02-29

AND International Publishers: AND signs important map license agreement with one of the largest European internet companies

AND realizes strong growth in revenue and profits in 2015 compared to 2014
AND has already locked in 2016 revenue which substantiates a marked growth
rate compared to 2015

Capelle aan den IJssel, the Netherlands - 29 February 2016 - AND is pleased to
announce that it has entered into a material agreement to license mapping
data to one of the largest European internet companies. The license agreement
includes AND's worldwide digital maps.

The signed contract will contribute substantially to revenue in 2016. As a
result of the contract announced today, as well as other contracts, AND has
already locked in revenue for 2016 of at least €6.5 million. This locked in
revenue substantiates marked revenue growth from the preliminary 2015 revenue
figure.

AND Chief Executive Officer Hugo van der Linde: "We are very excited to see
that so soon after doubling our premium coverage through the completion of
the new North American map, we are able to attract a global customer of this
stature. Already 2016 is a commercial and financial success, and the year
only just started".

Preliminary results 2015
Preliminarily, AND realized 2015 revenue of €6.0 million and profit of €3.2
million. These figures have not been fully audited yet. AND realizes a strong
growth in revenue and profit compared to 2014. The final 2015 results will be
published on 17 March 2016.

Based on years of momentum in AND's business and accompanying financial
results, highlighted by today's announcement, AND is reassessing the
valuation of the database. AND expects that the outcome of this reassessment
will have a positive impact on the valuation and subsequently can lead to a
reversal of (part of) the extraordinary impairment loss of the database in
2011. This would result in a higher profit over 2015, which is not taken into
account in the number mentioned above.

Update regarding exploratory discussions
AND announced on 2 December, 2015, that it was in early stage, exploratory
conversations with multiple companies regarding a possible offer for all
shares. Given the continuing and recent positive developments, AND has
meanwhile informed these companies that it is suspending these talks until
further notice.

AND Chief Executive Officer Hugo van der Linde: "The developments after
completion of the North America map have further strengthened our confidence
that we are on the right path to innovatively expand our map database, grow
our global customer base and continue growth of our revenues and profits."
This is an English translation of the Dutch press release. In the event of any
disparity between the Dutch original and this translation, the Dutch text
will prevail.

Note for editor, not for publication.

For further information please contact Hugo van der Linde on 0031-10-8851200
or go to www.and.com

The qualification regarding revenue growth used in this press release is based
on the terminology from the scale of Mock.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AND International Publishers via Globenewswire

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