AF Gruppen ASA (the "Company") has decided to initiate a share buyback program.
The buyback program will be conducted in accordance with the authorization
provided by the annual general meeting to the board of directors on May 11 2021.


The share buyback program will be for a maximum of 400,000 shares and will
comprise acquisitions of own shares for an aggregate amount of up to NOK
80,000,000. The program will commence on September 22 and continue until October
12, 2021. Buyback transactions will be executed according to the market price on
the Oslo Stock Exchange. The shares purchased under this program will be used in
connection with the Company's employee share program. 

For further information, please contact: CFO Sverre Hærem, telephone: +47 952 45
167. 

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

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