Fredrikstad, 27 March 2020: The board of directors of Europris ASA [OSE: EPR]
has resolved to appoint Espen Eldal as acting CEO of the company. Eldal has been
the CFO since 2014 and is part of a very solid and experienced leadership team
in Europris.

The COVID-19 virus outbreak has resulted in extraordinary times, which have made
it practically impossible to bring the recruitment process to an end within the
planned timeframe. Since the board intends to conclude this process as
circumstances allow, it has decided to constitute Eldal as acting CEO in
Europris. Alongside the former CEO, Eldal has been instrumental in building a
strong team and solid operational processes in the company over the past few
years.

"Circumstances have made the ongoing recruitment process challenging, but it
will hopefully resume and be concluded in due course," says Tom Vidar Rygh,
chair of the board.

"Nevertheless, the board would like to express its full confidence in and a warm
welcome to Espen as the acting CEO. He is well respected by external
stakeholders and by the entire Europris family."

Eldal will assume the position of acting CEO today while retaining his duties as
CFO in this interim period.

For further questions, please contact:

Tom Vidar Rygh, chair, Europris ASA, +47 48 21 00 00

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© Oslo Bors ASA, source Oslo Stock Exchange