ASETEK - Mandatory Notification of Trade

16 December, 2013 - André S. Eriksen, CEO of Asetek A/S ("Asetek" or the "Company") has today acquired 194,264 shares through exercise of the same number of share options. To finance the exercise of the options, André S. Eriksen has sold 29,364 shares at an average price of NOK 42. Following these transactions André Eriksen and entities controlled by him hold a total of 386,862 shares in the Company, up from 221,962 shares prior to the transactions. In addition, André Eriksen and entities controlled by him hold 110,855 warrants and options to buy shares in the Company.

On 17 September, 2013 André S. Eriksen agreed to a 180 days lock-up with Carnegie AS for all his shares and options in the Company.

Peter Dam Madsen, CFO of Asetek A/S has today acquired 68,497 shares through exercise of the same number of share options. To finance the exercise of the options, Peter Dam Madsen has sold 9,636 shares at an average price of NOK 42. Following these transactions Peter Dam Madsen holds a total of 64,441 shares in the Company, up from 5,580 shares prior to the transactions." In addition, Peter Dam Madsen holds 48,871 warrants and options to buy shares in the Company.

For further information, please contact:
Andre S. Eriksen, Chief Executive Officer
Mobile: +1 408 398 7437, e-mail: ceo@asetek.com

Peter Dam Madsen, Chief Financial Officer
Mobile: +1 408 813 4147, e-mail: pdm@asetek.com