Reference is made to the stock exchange notice on 2 July 2018. Victory Partners
VIII Norway AS ("the Offeror"), a company indirectly controlled by ABRY Partners
VIII, L.P., has today commenced the voluntary cash offer (the "Offer") to
acquire the entire issued share capital of LINK Mobility Group ASA ("LINK
Mobility" or "the Company") for NOK 225 per share (the "Offer Price"). The Offer
Price values the total share capital of LINK Mobility at approximately NOK 3,396
million. The Offer Price represents a 27.4% premium to LINK Mobility's closing
share price on 29 June 2018, and 44.5%, 51.7%, and 71.5% over the volume
weighted average price ("VWAP") of the Company's shares for the three, six and
twelve month periods prior to this announcement, respectively. 

Oslo Børs has approved the offer document for the Offer (the "Offer Document").
The terms and conditions of the Offer are included in the Offer Document,
including the conditions for completion of the Offer. The Acceptance Period for
the Offer starts on 10 July 2018 and expires at 16.30 CET on 9 August 2018,
subject to any extension.

The independent members of the Board of Directors of LINK Mobility has
unanimously decided to recommend to the shareholders of LINK Mobility that they
accept the Offer. The recommendation from the independent members of the Board
of Directors of LINK Mobility is attached to the Offer Document. The
recommendation from the Board of Directors of LINK Mobility is not a formal
statement made pursuant to sections 6-16 and 6-19 of the Norwegian Securities
Trading Act. LINK Mobility has in consultation with Oslo Børs engaged Sparebank
1 Markets AS as an independent third party to provide the formal statement about
the Offer to be issued in accordance with section 6-16 (1) c.f. 6-19 (1) of the
Norwegian Securities Trading Act. On and the terms and conditions as included in
their statement, Sparebank 1 Markets AS' conclusion is that the Offer is fair
from a financial point of view as at the date hereof, and the statement is
attached to the Offer Document. 

Shareholders holding approximately 54% of the issued share capital of LINK
Mobility, have already committed to sell their shares to the Offeror on certain
terms and conditions, as further described in the Offer Document.

The Offer Document, containing the complete terms and conditions of the Offer,
was published today by Victory Partners VIII Norway AS. Subject to restrictions
under applicable securities laws, the Offer document will be distributed to all
shareholders listed in LINK Mobility's share register and will also be available
at www.seb.no. 

Skandinaviska Enskilda Banken AB (publ), Oslo Branch is acting as financial
advisor to Victory Partners VIII Norway AS in connection with the Offer.
Advokatfirmaet BAHR, DLA Piper and Paul Hastings are acting as legal advisors to
Victory Partners VIII Norway AS. ABG Sundal Collier ASA is acting as financial
advisor and Aabø-Evensen & Co Advokatfirma AS is acting as legal advisor to LINK
Mobility.

Important Information about the Offer: 
The Offer described in this press release has commenced. This press release is
neither an offer to purchase nor a solicitation of an offer to sell shares. The
Offer to purchase all the shares of LINK Mobility is contained in the Offer
document filed by Victory Partners VIII Norway AS with Oslo Børs and approved by
Oslo Børs. The complete Offer Document will, subject to restrictions under
applicable securities laws, be distributed free of charge to all LINK Mobility
shareholders registered in LINK Mobility's share register in Verdipapirsentralen
(the Norwegian Central Securities Depository), and is available at www.seb.no. 


Forward-looking Statements 
This news release contains certain forward-looking statements that are based on
uncertainty, as they relate to events and depend on circumstances that will
occur in the future and which, by their nature, may have an impact on results of
operations and the financial condition of the Offeror and/or LINK Mobility. Such
forward-looking statements reflect our current expectations and are based on the
information currently available. The Offeror cannot give any assurance as to
whether such forward-looking statements will prove to be correct. These
forward-looking statements include statements regarding the Offer, expected
timing, and expected benefits of the Offer. There are a number of factors that
could cause actual results and developments to differ materially from those
expressed or implied by these forward-looking statements. These factors include,
among other things, satisfactions of conditions to the Offer and investor
participation in the Offer. 

Important Notice: The Offer and the distribution of this announcement and other
information in connection with the Offer may be restricted by law in certain
jurisdictions. The Offeror and LINK Mobility assume no responsibility in the
event there is a violation by any person of such restrictions. Persons into
whose possession this announcement or such other information should come are
required to inform themselves about and to observe any such restrictions. 

THE OFFER WILL NOT BE MADE IN ANY JURISDICTION IN WHICH MAKING OF THE OFFER
WOULD NOT BE IN COMPLICANE WITH THE LAWS OF SUCH JURISDICITON. THIS ANNOUNCEMENT
DOES NOT IN ITSELF CONSTITUTE AND OFFER. THE OFFER WILL ONLY BE MADE ON THE
BASIS OF THE OFFER DOCUMENT AND CAN ONLY BE ACCEPTED PURSUANT TO THE TERMS OF
SUCH DOCUMENT.