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

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.
www.atea.com

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