Lyngen Bidco AS - The Offeror's lenders consent to waiver of 90 per cent condition

Oslo, 24 February 2015 - Reference is made to the voluntary offer (the "Offer") for the outstanding shares of EVRY ASA ("EVRY" or the "Company") by Lyngen Bidco AS (the "Offeror"), a company indirectly controlled by private equity funds advised by Apax Partners LLP.

The Offeror's financing arrangement for funding the Offer was subject to, inter alia, the Offeror receiving valid acceptances for at least 90 per cent of the Shares and voting rights in the Company. The debt providers have now agreed to let the Offeror waive the minimum acceptance level of the Offer provided that the Offeror receives acceptances for at least 87% of the Shares and voting rights in the Company.

The Offeror has received acceptances of the Offer and pre-acceptances for approximately 88% of the Shares and voting rights in the Company. Based on the consent granted by the Offeror's debt providers, the Offeror is considering to waive the Offer condition of receiving a minimum acceptance level and close the Offer with the acceptances received as per the end of the Offer Period. An announcement with respect to whether the minimum acceptance level condition is satisfied or waived will be made no later than 2 March 2015.

As notified on 16 February 2015, the Offer has previously received the relevant anti-trust clearances. As of today, none of the other outstanding conditions of the Offer have been breached.

The Offer Period has been extended through earlier announcements and will end on Wednesday 25 February 2015 at 09:00 CET. The Offer Period is not subject to any further extensions.

Capitalized terms in this stock exchange notice shall be interpreted in accordance with the definitions in the Offer Document unless otherwise defined. This notice has been issued by Lyngen Bidco AS.

For further information, please contact:

Jo Isaksen (DNB Markets)
Mobile: +47 98 22 85 41
E-mail: jo.isaksen@dnb.no

Lyngen Bidco AS

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