ASETEK - Mandatory Notification of Trade

29 February 2016 – A close associate of André Sloth Eriksen, CEO and primary insider of Asetek A/S ("the "Company") has on February 26 2016 acquired 15,000 shares in the open market at an average price of NOK 20.15 each. Following the transaction, Mr. Eriksen and associates of him hold a total of 407,512 shares and 254,177 options and warrants in the Company. 

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