NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE. B2Holding ASA - Application from major shareholder Oslo, 26 May 2016; B2Holding ASA, (B2Holding, ticker B2H). Reference is made to the stock exchange announcement 24 May 2016, regarding the launch of the initial public offering (the "Offering") of shares in B2Holding. Indigo Invest AS has applied for offer shares for a total amount of NOK 32,500,000 in the Offering. The application by Indigo Invest AS is made "at market" and does not include any specific price limit. Indigo Invest AS owns 12,962,619 (4.16%) of the shares in B2Holding and is represented on the Board of Directors through Per Kristian Spone. ABG Sundal Collier ASA and Arctic Securities AS are acting as Joint Global Coordinators and Joint Bookrunners in the IPO, and Nordea Markets a part of Nordea Bank Norge ASA, is acting as Joint Bookrunner. Investor relations and media contacts Olav Dalen Zahl, Chief Executive Officer, B2Holding ASA +47 909 86 386 Harald Henriksen, Chief Financial Officer, B2Holding ASA, +47 913 92 873 Erik Just Johnsen, Chief Group Controller, B2Holding ASA +47 415 77 055 About B2Holding ASA B2Holding is a leading European financial services provider which has specialized in the investment and workout of non- performing loans primarily from the banking sector as well as providing third party debt collection solutions on behalf of clients. In addition we draw upon our expertise in handling large amounts of customer data and offer credit information. The B2Holding strategy involves identifying the right portfolio investments, developing strong operational platforms and acquiring subsidiaries across Europe to establish a Pan-European player. B2Holding builds its business through the acquisition of servicing companies with strong segment positions, and the purchase of non-performing and partially performing debt portfolios. B2Holding is uniquely positioned for profitable growth with an experienced management and an outstanding track record. For further information, visit www.b2holding.no. IMPORTANT INFORMATION United States These materials may not be published, distributed or transmitted in the United States, Canada, Australia, the Hong Kong Special Administrative Region of the People's Republic of China, South Africa or Japan. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the "Shares") of B2Holding ASA (the "Company") in the United States, Norway or any other jurisdiction. The Shares of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Shares of the Company have not been, and will not be, registered under the Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in Rule 144A under the Securities Act. European Economic Area Any offering of securities will be made by means of a prospectus to be published that may be obtained from the issuer or selling security holder, once published, and that will contain detailed information about the Company and its management, as well as financial statements. These materials are an advertisement and not a prospectus for the purposes of Directive 2003/71/EC, as amended (together with any applicable implementing measures in any Member State, the "Prospectus Directive"). Investors should not subscribe for any securities referred to in these materials except on the basis of information contained in the prospectus. In any EEA Member State other than Norway (from the time the prospectus has been approved by the Financial Supervisory Authority of Norway, in its capacity as the competent authority in Norway, and published in accordance with the Prospectus Directive as implemented in Norway) that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at "qualified investors" in that Member State within the meaning of Article 2(1)(e) of the Prospectus Directive ("Qualified Investors"), i.e., only to investors to whom an offer of securities may be made without the requirement for the Company to publish a prospectus pursuant to Article 3 of the Prospectus Directive in such EEA Member State. United Kingdom In the United Kingdom, these materials are only being distributed to and are only directed at Qualified Investors who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). These materials are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.