CONTEMPLATED PRIVATE PLACEMENT


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Data Respons ASA (the "Company") has engaged Swedbank Norge, branch of Swedbank AB (publ) ("Swedbank Norge" or the "The Manager") in cooperation with Kepler Cheuvreux SA, to assist the Company in a contemplated private placement (the "Private Placement") of up to 2,226,637 new shares in the Company, corresponding to approximately 4.33% of current number of outstanding shares.

The net proceeds from the Private Placement will be used to strengthen the Company's balance sheet, increase the Company's flexibility to finance the Company's organic and non-organic growth strategy.

The Private Placement is directed towards Norwegian investors and international institutional investors pursuant to and in compliance with applicable exemptions from the obligation to publish a prospectus pursuant to the Norwegian Securities Trading Act.

The subscription price in the Private Placement will be determined by the Board of Directors based on an accelerated book-building process conducted by the Manager. The application period commences today on [20 March] 2018 at 16:30 (CET) and will close on [21 March] 2018 at 08:00 hours (CET). The Company, together with the Manager, reserves the right to close or extend the application period at any time at their sole discretion, at short notice. The minimum order size in the Private Placement is a NOK amount equivalent to EUR 100,000.

Delivery of the new shares allocated in the Private Placement will, in order to facilitate delivery-versus-payment and timely delivery of already listed shares to subscribers in the Private Placement, be made by delivery of existing and unencumbered shares in the Company, pursuant to a share lending agreement entered into between the Company and the Manager.

The completion of the Private Placement is subject to approval by the Board of Directors of the Company pursuant to an authorisation given by the Annual General Meeting held 27 April 2017. Advokatfirmaet CLP DA is acting as legal advisor for the Company in connection with the Private Placement.

For further information:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. +47 913 90 918.
Rune Wahl, CFO, Data Respons ASA, tel. + 47 950 36 046

About Data Respons
Data Respons is a full-service, independent technology company and a leading player in the IoT, Industrial digitalisation and the embedded solutions market. We provide R&D services and embedded solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as Transport & Automotive, Industrial Automation, Telecom & Media, Space, Defense & Security, Medtech, Energy & Maritime, and Finance & Public Sector.

Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part of the information technology index. The company has offices in Norway, Sweden, Denmark, Germany and Taiwan. www.datarespons.com

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

This announcement is not and does not form a part of any offer for sale of any securities, and is for release, publication or distribution, directly or indirectly, in the United States, or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. Data Respons ASA does not intend to register of its securities in the United States.

The distribution of this announcement into jurisdictions other than Norway may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This announcement has not been approved by any regulatory authority.