MANDATORY NOTIFICATION OF TRADE

CFO in Q-Free ASA, Roar Østbø, has today purchased 11,000 shares at an average price of NOK 21.04.
New holding of QFR shares after the transaction is 37,000. Østbø holds 150,000 share options in Q-Free ASA.
Trondheim 29. October 2009 For further information, please contact:


CEO Øyvind Isaksen, cell: +47 905 59 401

CFO Roar Østbø, cell: +47 932 45 175


About Q-Free


Q-Free is a leading global supplier of solutions and products for Road User Charging and Traffic Surveillance having applications mainly within
electronic toll collection for road financing, congestion charging, truck-tolling, law enforcement and parking/access control. Q-Free offers
solutions and products based on state of the art technology, and is the leading supplier within DSRC (tag) - and ALPR (Automatic License Plate
Registration) and GNSS (Global Navigation Satellite System) based solutions, with deliveries in Europe, Asia-Pacific, Middle East and
North- and South America. The company has appr. 290 employees in 11 locations and representatives in 7 other countries. Headquarter is based
in Trondheim, Norway. Q-Free is listed on the Oslo Stock Exchange with the ticker QFR.


http://www.q-free.com

Print