Össur hf. - Other information disclosed according to the rules of the Exchange

Össur Hf: Conversion and trading of Össur shares following new rules on foreign exchange in Iceland

Announcement from Össur hf. no. 24/2017
Reykjavik, 15 March 2017

Reference is made to the Company's Announcement no. 22/2010 regarding certain
restrictions on the conversion and transfer of Össur shares between the
Icelandic market and the Danish market, as well as the trading of Össur shares
by Icelandic investors on the Danish market, due to capital controls in Iceland.

Today Össur received a confirmation from the Central Bank of Iceland that from
14 March 2017, when the Icelandic Rules on Foreign Exchange No. 200/2017 came
into effect, there are no longer any restrictions on converting and transferring
Össur shares from the Icelandic market to the Danish market and vice versa.
Icelandic investors can now trade Össur shares on the Danish market without
restrictions, but purchases are subject to notification to the Central Bank of
Iceland.

Contact persons:

Jón Sigurðsson, President & CEO                                   Tel:
+354 515 1300
Sveinn Sölvason, CFO                                                     Tel:
+354 515 1300

Össur press releases by e-mail

If you wish to receive Össur press releases by e-mail please register at the
following web-site: http://www.ossur.com/investormailings

About Össur

Össur (NASDAQ: OSSR) is a global leader in non-invasive orthopaedics that help
people live a life without limitations. Its business is focused on improving
people's mobility through the delivery of innovative technologies within the
fields of braces, supports and prosthetic limbs. A recognized "Technology
Pioneer", Össur invests significantly in research and product development; its
award-winning designs ensuring a consistently strong position in
the market.  Successful patient and clinical outcomes are further empowered via
Össur's educational programs and business solutions.  Headquartered in Iceland,
Össur has major operations in the Americas, Europe and Asia, with additional
distributors worldwide. www.ossur.com

Forward-Looking Statements

This press release includes "forward-looking statements" which involve risks and
uncertainties that could cause actual results to differ materially from results
expressed or implied by these statements. Össur hf. undertakes no obligation and
does not intend to update these forward-looking statements to reflect events or
circumstances occurring after this press release. You are cautioned not to place
undue reliance on these forward-looking statements, which speak only as of the
date of this press release. All forward-looking statements are qualified in
their entirety by this cautionary statement.


[]