1. Q4 - 2008 Nils Hoff Oslo, 12 February 2009

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

3. Summary Q4 2008 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. 4 |7. juli 2016  Financials

5. 5 |7. juli 2016 Profit and Loss IFRS (Numbers in 000 NOK)Q4 082008Q4 072007 Operating revenue products46 825226 15973 390236 005 Other operating income-8 556-8 51539418 Total operating revenue38 269217 64473 429236 423 Cost of goods sold3143317662561 857193 848 Employee benefits costs12 00736 9006 48021 694 Depreciation and amortization expences25 472123 9767 64323 305 Other operating expenses5 66727 3904 58516 306 Total operating expenses74 579364 89180 565255 153 OPERATING PROFIT-36 310-163313-7 136-18 730 Net financial items15 9827399-815-4 133 RESULT BEFORE TAX-20 328-155 915-7 951-22 863 Taxes000 NET RESULT-20 328-155 915-7 951-22 863 Attributable to: Minority interest283933 RESULT AFTER MINORITY INTEREST-20 330-155 923-7 990-22 896 -20 330-155 915-7 951-22 863

6. 6 |7. juli 2016 Balance Sheet - Assets IFRS (Numbers in 000 NOK)31.12.2008 31.12.2007 ASSETS Non current assets Intangible assets14 239110 240 Property, plant and equipment7 1868 547 Financial leasing1 121 Total22 545 118 787 Current assets Trade and other receivables92 62276 957 Inventory2 0402 259 Cash at bank4 4527 044 Total99 114 86 260 TOTAL ASSETS121 659 205 047

7. 7 |7. juli 2016 Balance Sheet - Equity and Liabilities IFRS EQUITY31.12.200831.12.2007 Share capital and share premium-110 809-163 994 Other reserves-5 647-2 111 Retained earnings155 91683 458 Total equity39 460-82 647 LIABILITIES Non-current liabilities Pension commitments-969-917 Long term interest bearing debt-1 731 Total-2 700-917 Current liabilities Trade and other payables-137 516-76 943 Short term interest bearing debt-18 403-41 091 Provision for warranties-2 500-3 449 Total-158 419-121 483 Total liabilities-161 119-122 400 TOTAL EQUITY AND LIABILITIES-121 659-205 047

8. 8 |7. juli 2016 Cash Flow IFRS (Numbers in 000 NOK)YTD 2008 Cash flow from operating activities-4 767 Net cash flow from investment activities-22 034 Net cash flow from financing activities24 209 Net change in cash-2 592 Cash/ Liquid assets at the beginning of period7 044 Cash/ Liquid assets at the end of period4 452

9. Changes in Equity 9 |7. juli 2016 IFRS (Numbers in 000 NOK)31.12.200831.12.2007 Opening balance82 64763 611 Convertible bond- equity component10 027 Share issue during the period10 60041 900 Share issue by conversion of debt19 672 Loss Equity share derivatives due to conversition of debt-6 490 Retained earnings-155 916-22 863 Minority interest00 Change during the period-122 81719 037 Closing balance-39 46082 647

10. 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 Q4-08 10 |7. juli 2016

11. Questions and Answers? 11 |7. juli 2016