Hunter Group ASA – Share capital increase registered

Oslo, 28 May 2019

Reference is made to the Hunter Group ASA’s (the Company) announcement as of 23 May 2019 and to the successfully completed private placement of approximately NOK 695 million (the Private Placement), by issuance of 190,454,000 new shares (the New Shares) at a subscription price of NOK 3.65 per share. The share capital increase pertaining to the New Shares issued in the Private Placement has today been registered with the Norwegian Register of Business Enterprises. The Company's new registered share capital is NOK 719,202,516.29, consisting of 575,362,013 shares with a par value of NOK 1.25 per share.

For further information, please contact: CEO Erik Frydendal / ef@huntergroup.no / +47 957 72 947

Additional information about the Company can be found at: www.huntergroup.no