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2014-05-27

Hexagon Composites ASA : Mandatory notification of trade

Flakk Holding AS sold the 27 November 2013 6,000,000 shares in Hexagon
Composites ASA at a price of NOK 24.50 per share. Flakk Holding AS
simultaneously entered into a forward contract to buy back the same shares on
27 May 2014 at a price of 24.959 per share. The share price difference
constitutes interest compensation to the counterparty.

The forward contract has the 27 May 2014 been extended to 5 September 2014,
forward price NOK 25.237.

Flakk Holding AS is a company controlled by the Chairman of Hexagon Composites
ASA, Mr. Knut Flakk. After the sale, Flakk Holding Group holds 44,915,988
shares which constitutes 33.70% of the shares, but retains exposure to the
same number of shares as before the sale, namely 50,915,988 shares equal to
38.20% of the shares in Hexagon Composites ASA.

For more information:
Flakk Holding AS, by Knut Flakk
Telephone: +47 997 46 000 | knut.flakk@flakk.no

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

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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: Hexagon Composites ASA via Globenewswire

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