Mandatory notification of trade

CFO Lars K. Grøndahl has today purchased 200,000 shares in Nordic Mining ASA at a price of NOK 0.488 per share. After the purchase Grøndahl holds 2,067,000 shares in Nordic Mining. In addition, Grøndahl has option to buy in total 550,000 shares in Nordic Mining; 275,000 shares at a price of NOK 2.625 per share, and 275,000 shares at a price of NOK 1.60 per share. The options are valid till June 2010.
 
Oslo, 16 October 2008
Nordic Mining ASA

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