ASETEK - Mandatory Notification of Trade

19 March, 2014 - André S. Eriksen, CEO of Asetek A/S ("Asetek" or the "Company") yesterday acquired 5,000 shares in Asetek A/S at a price of NOK 38.00 each. Following the transaction André Eriksen and entities controlled by him hold a total of 391,862 shares in the Company, up from 386,862 shares prior to the transaction. In addition, André Eriksen and entities controlled by him hold 110,855 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