Össur hf. - Changes in company's own shares

Ossur Hf : Share options granted

Announcement from Össur hf. No.39/2017
Reykjavik, 22 May 2017



Today, Össur hf. has granted 125,000 share options to middle management. The
exercise price is DKK 26.66, i.e. the Company's average share price on NASDAQ
Copenhagen 20 trading days prior to the grant date. First exercise date is 22
May 2020.

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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