Össur hf. - Managers' transactions

Ossur Hf : Share options granted

Announcement from Össur hf. No.93/2016
Reykjavik, 21 November 2016


Today,  Össur hf.  has granted  375,000 share options  to middle management. The
exercise  price is DKK  25.18, i.e. the Company's  average share price on NASDAQ
Copenhagen  20 trading days prior to the grant  date. First exercise date is 21
November 2019.

The  share options  were granted  in accordance  with the Company's share option
scheme  implemented on 27 May 2015. Further details  on the share option scheme,
including  the  key  terms  and  conditions,  can  be  found  in  the  Company's
announcement No. 24/2015 published on 27 May 2015.

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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.



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