EVRY considers strategic opportunities

(Oslo, 27 August 2014) EVRY has over time been a driving force in the development of the Norwegian and Nordic IT industry. EVRY has built up a significant position in the Nordic IT market through its long-term industrial development, particularly in Norway and Sweden. EVRY's strong position is founded on its extensive solutions portfolio and the strength of its expertise base with its unique local emphasis, combined with an important element of global sourcing. EVRY is now recognised as a powerful company with growth potential and a clear strategy to achieve Nordic leadership.

Over the coming years, technology will play an ever more important role in economic growth and welfare in the Nordic countries. This will create sizeable growth opportunities for the IT industry, while at the same time globalisation of the IT industry will continue. EVRY is extremely well positioned in attractive segments of the Nordic market, and has good opportunities to win market share on the way to Nordic leadership.

In parallel with reinforcing EVRY's focus on organic growth, the Board of Directors and executive management have carried out a strategic review process in order to evaluate how the company can achieve even better deliveries for its customers and create greater value through strategic actions.

On the basis of this review, the Board of EVRY has decided to initiate a structured process to explore various strategic opportunities, including a sale of the company. There is no certainty that the process will result in any transaction. Norway Post and Telenor, which in total own 70.2% of EVRY's shares, support this process. EVRY's Board is committed to finding solutions that will be in the interests of shareholders as a whole. The Board has selected ABG Sundal Collier as its financial adviser for this process.

Further information will be published when this is considered appropriate or necessary.

Contact persons:
Terje Mjøs, CEO EVRY, Tel: +47 06500
Knut E. Røsjorde, CFO EVRY, tlf +47 95205786
Geir Remman, VP Corporate Communications, EVRY, Tel: + 47 970 55 017

About EVRY
EVRY is one of the leading IT companies in the Nordic countries, with a strong local and regional presence in 50 Nordic towns and cities. Through its knowledge, solutions and technology, EVRY contributes to the development of the information society of the future, and so creates value for the benefit of its customers and for society as a whole. EVRY combines in-depth industry knowledge and technological expertise with a local delivery model and international strength.

EVRY has some 10,000 employees, and the company is committed to demonstrating that Nordic customers are best served by a supplier that understands Nordic business from the inside. EVRY reports annual turnover approaching NOK 13 billion. The company is listed on the Oslo Stock Exchange and operates from headquarters at Fornebu in Bærum, with major activities in both the Norwegian and Swedish markets.

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