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Regulatory press release

AFG: Mandatory notification of trade

AF Gruppen
Morten Grongstad, primary insider and Chairman at AF Gruppen, has today bought
5,000 shares in AF Gruppen ASA. The shares were bought at an average price of
NOK 113.00 per share. Following this transaction, Morten Grongstad owns 25,000
shares in AF Gruppen ASA.

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