Request for extraordinary general meeting

Oslo, 21 November 2014: NEL ASA (NEL) has received a request for the convening of an extraordinary general meeting from shareholders Strata Marine & Offshore AS, FENEL AS and ELMO AS, pursuant to section 5-7 (2) of the Norwegian Public Companies Act. It is requested that election of the board of directors is addressed.

The extraordinary general meeting will be held within the one month deadline set out in section 5-7 (2) of the Norwegian Public Companies Act. A formal notice will be distributed separately in due course, with a statutory notice period of three weeks.

Contact:

Hanne Skaarberg Holen, Chairman of the Board ( +47 9829 4591)

About NEL ASA:

NEL ASA is a leading global supplier of hydrogen technology for industrial / energy purposes, and has made over 500 deliveries in more than 50 countries. The company's main products are hydrogen production plants based on water electrolysis, complete hydrogen stations for transport and renewable energy storage solutions. The company has its roots from the hydrogen activities of Norwegian Hydro, which dates back to 1927. The company also has a number of patents related to tests for early detection and diagnosis of diseases. For more information please visit: www.nel-hydrogen.com