Exercise of employee share options in Atea ASA ("the Company")

2/15/2013 2:01 AM EST

1. Out of a total of 1,141,660 exercisable options, 
employees in the Atea Group have exercised 849,997 
options. Following the share option exercise the 
Board of Directors, pursuant to authorisation granted 
by the Company's Annual General Meeting, has decided 
to increase the Company's share capital by NOK 
8,499,970 by issuing 849,997 new shares, of par value 
NOK 10. Following the increase the Company's share 
capital is NOK 1,021,010,170 divided into 102,101,017 
shares. The weighted average option exercise price is 
NOK 39.53.


2. Options exercised by primary insiders February 14, 
2013:

Peter Trans has exercised a total of 333,333 options 
in the Company, corresponding to 333,333 shares at 
the strike price of NOK 40.64.

Steinar Sønsteby has exercised a total of 133,333 
options in the Company, corresponding to 133,333 
shares at the strike price of NOK 40.64.

Rune Falstad has exercised a total of 33,333 options 
in the Company, corresponding to 33,333 shares at the 
strike price of NOK 40.64.

Carl-Johan Hultenheim has exercised a total of 13,333 
options in the Company, corresponding to 13,333 
shares at the strike price of NOK 40.64.

Dag Fodstad has exercised a total of 20,000 options 
in the Company, corresponding to 20,000 shares at the 
strike price of NOK 40.64 and 10,000 options in the 
Company, corresponding to 10,000 shares at the strike 
price of NOK 19.20.

Anders Brix has exercised a total of 6,667 options in 
the Company, corresponding to 6,667 shares at the 
strike price of NOK 40.64 and 3,333 options in the 
Company, corresponding to 3,333 shares at the strike 
price of NOK 57.25.

Chris Sørum has exercised a total of 6,666 options in 
the Company, corresponding to 6,666 shares at the 
strike price of NOK 40.64 and 3,333 options in the 
Company, corresponding to 3,333 shares at the strike 
price of NOK 57.25.


3. Transfer of rights 

On February 14, 2013 the primary insiders mentioned 
below transferred their rights to receive shares 
resulting from the exercise of options to a third 
party. The sales amount will be finally determined on 
the basis of the price subsequently obtained by the 
third party when selling the shares in the market. 
Still, primary insiders cannot be held liable for 
losses incurred by the third party if the shares are 
later sold below the strike price. Final compensation 
for the transferred rights will be reported to Oslo 
Stock Exchange, when known.

Peter Trans
Steinar Sønsteby
Rune Falstad
Carl-Johan Hultenheim
Dag Fodstad
Anders Brix
Chris Sørum


4. New holding

After exercising options, Peter Trans holds 166,667 
unexercised options in the Company, corresponding to 
166,667 shares at the strike price of NOK 40.64. As 
of today the primary insider holds 397,494 shares in 
the Company.

After exercising options, Steinar Sønsteby holds 
66,667 unexercised options in the Company, 
corresponding to 66,667 shares at the strike price of 
NOK 40.64. As of today the primary insider holds no 
shares in the Company.

After exercising options, Rune Falstad holds 66,667 
unexercised options in the Company, corresponding to 
66,667 shares at the strike price of NOK 40.64. As of 
today the primary insider holds 74,500 shares in the 
Company.

After exercising options, Carl-Johan Hultenheim holds 
13,334 unexercised options in the Company, 
corresponding to 13,334 shares at the strike price of 
NOK 40.64 and 200,000 unexercised options in the 
Company, corresponding to 200,000 shares at the 
strike price of NOK 49.60. As of today the primary 
insider holds no shares in the Company.

After exercising options, Dag Fodstad holds 10,000 
unexercised options in the Company, corresponding to 
10,000 shares at the strike price of NOK 40.64 and 
190,000 unexercised options in the Company, 
corresponding to 190,000 shares at the strike price 
of NOK 50.50. As of today the primary insider holds 
9,000 shares in the Company.

After exercising options, Anders Brix holds 3,333 
unexercised options in the Company, corresponding to 
3,333 shares at the strike price of NOK 40.64 and 
6,667 unexercised options in the Company, 
corresponding to 6,667 shares at the strike price of 
NOK 57.25. As of today the primary insider holds 
4,000 shares in the Company.

After exercising options, Chris Sørum holds 3,334 
unexercised options in the Company, corresponding to 
3,334 shares at the strike price of NOK 40.64 and 
6,667 unexercised options in the Company, 
corresponding to 6,667 shares at the strike price of 
NOK 57.25. As of today the primary insider holds no 
shares in the Company.


For further information, please contact: 
Rune Falstad, CFO Atea ASA, mobile +47 906 14 482


About Atea
Atea is the leading Nordic and Baltic supplier of IT 
infrastructure with approximately 6,300 employees. 
Atea is present in 82 cities in Norway, Sweden, 
Denmark, Finland, Lithuania, Latvia and Estonia. Atea 
delivers IT products from leading vendors and assists 
its customers with specialist competencies within IT 
infrastructure services. Atea had revenue of 
approximately NOK 21 billion in 2012 and is listed on 
Oslo Stock Exchange. [http://www.atea.com]