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Ossur Hf : Share options granted

Announcement from Össur hf. No.93/2016

Reykjavik, 21 November 2016

Today, Össur hf. has granted 375,000 share options to middle management. The
exercise price is DKK 25.18, i.e. the Company's average share price on NASDAQ
Copenhagen 20 trading days prior to the grant date. First exercise date is 21
November 2019.

The share options were granted in accordance with the Company's share option
scheme implemented on 27 May 2015. Further details on the share option
scheme, including the key terms and conditions, can be found in the Company's
announcement No. 24/2015 published on 27 May 2015.

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About Össur

Össur (NASDAQ: OSSR) is a global leader in non-invasive orthopaedics that help
people live a life without limitations. Its business is focused on improving
people's mobility through the delivery of innovative technologies within the
fields of braces, supports and prosthetic limbs. A recognized "Technology
Pioneer", Össur invests significantly in research and product development;
its award-winning designs ensuring a consistently strong position in the
market. Successful patient and clinical outcomes are further empowered via
educational programs and business solutions. Headquartered in Iceland, Össur
has major operations in the Americas, Europe and Asia, with additional
distributors worldwide.

Forward-Looking Statements

This press release includes "forward-looking statements" which involve risks
and uncertainties that could cause actual results to differ materially from
results expressed or implied by these statements. Össur hf. undertakes no
obligation and does not intend to update these forward-looking statements to
reflect events or circumstances occurring after this press release. You are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date of this press release. All forward-looking
statements are qualified in their entirety by this cautionary statement.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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: Ossur Hf via Globenewswire

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