Q Nils Hoff Oslo, 12 February 2009

2 |7. juli 2016 Agenda  Q4 Summary  Financial results  Outlook for Q1  Question and Answers

Summary Q Restructuring with significant cost reductions within operations Weak quarter due to continued stop shipments of LTO3, reduced sales caused by weak global economy Critical cash situation in Tandberg Storage ASA (TST) due to reduced sales and lower margins Tandberg Data ASA (TAD) has acquired 83.5% of all outstanding shares in TST Close cooperation between TAD and TST around product roadmap, sales, logistics etc. 3 |7. juli 2016

4 |7. juli 2016  Financials

5 |7. juli 2016 Profit and Loss IFRS (Numbers in 000 NOK)Q Q Operating revenue products Other operating income Total operating revenue Cost of goods sold Employee benefits costs Depreciation and amortization expences Other operating expenses Total operating expenses OPERATING PROFIT Net financial items RESULT BEFORE TAX Taxes000 NET RESULT Attributable to: Minority interest RESULT AFTER MINORITY INTEREST

6 |7. juli 2016 Balance Sheet - Assets IFRS (Numbers in 000 NOK) ASSETS Non current assets Intangible assets Property, plant and equipment Financial leasing1 121 Total Current assets Trade and other receivables Inventory Cash at bank Total TOTAL ASSETS

7 |7. juli 2016 Balance Sheet - Equity and Liabilities IFRS EQUITY Share capital and share premium Other reserves Retained earnings Total equity LIABILITIES Non-current liabilities Pension commitments Long term interest bearing debt Total Current liabilities Trade and other payables Short term interest bearing debt Provision for warranties Total Total liabilities TOTAL EQUITY AND LIABILITIES

8 |7. juli 2016 Cash Flow IFRS (Numbers in 000 NOK)YTD 2008 Cash flow from operating activities Net cash flow from investment activities Net cash flow from financing activities Net change in cash Cash/ Liquid assets at the beginning of period7 044 Cash/ Liquid assets at the end of period4 452

Changes in Equity 9 |7. juli 2016 IFRS (Numbers in 000 NOK) Opening balance Convertible bond- equity component Share issue during the period Share issue by conversion of debt Loss Equity share derivatives due to conversition of debt Retained earnings Minority interest00 Change during the period Closing balance

Outlook for Q4 Expect Q1-09 revenue to be at the same level as Q4-08 Expect that the quality issue for HHLTO3 will be resolved within Q1 09  Operational Expenses will be reduced compared to Q |7. juli 2016

Questions and Answers? 11 |7. juli 2016