Exercise of employee share options in Atea ASA ("the Company")

1. Out of a total of 1,204,337 exercisable options, employees in the Atea Group have exercised 1,043,004 options. Following the share option exercise the Board of Directors, pursuant to authorisation granted by the Company's Annual General Meeting, has decided to increase the Company's share capital by NOK 10,430,040 by issuing 1,043,004 new shares, of par value NOK 10. Following the increase the Company's share capital is NOK 1,031,810,200 divided into 103,181,020 shares. The weighted average option exercise price is NOK 43.34.

2. Options exercised by primary insiders 30 October 2013:
Peter Trans has exercised a total of 166,667 options in the Company, corresponding to 166,667 shares at the strike price of NOK 40.64.
Steinar Sønsteby has exercised a total of 66,667 options in the Company, corresponding to 66,667 shares at the strike price of NOK 40.64.
Rune Falstad has exercised a total of 66,667 options in the Company, corresponding to 66,667 shares at the strike price of NOK 40.64.
Carl-Johan Hultenheim has exercised a total of 13,334 options in the Company, corresponding to 13,334 shares at the strike price of NOK 40.64 and 66,666 options in the Company, corresponding to 66,666 shares at the strike price of NOK 49.60.
Dag Fodstad has exercised a total of 10,000 options in the Company, corresponding to 10,000 shares at the strike price of NOK 40.64 and 63,333 options in the Company, corresponding to 63,333 shares at the strike price of NOK 50.50.
Chris Sørum has exercised a total of 3,334 options in the Company, corresponding to 3,334 shares at the strike price of NOK 40.64.
Claus Hougesen has exercised a total of 166,667 options in the Company, corresponding to 166,667 shares at the strike price of NOK 40.64.
Juha Sihvonen has exercised a total of 33,334 options in the Company, corresponding to 33,334 shares at the strike price of NOK 40.64.

3. Transfer of rights
On 30 October 2013 the primary insiders mentioned below transferred their rights to receive shares resulting from the exercise of options to a third party. The sales amount will be finally determined on the basis of the price subsequently obtained by the third party when selling the shares in the market. Still, primary insiders cannot be held liable for losses incurred by the third party if the shares are later sold below the strike price. Final compensation for the transferred rights will be reported to Oslo Stock Exchange, when known.
Peter Trans
Steinar Sønsteby
Rune Falstad
Carl-Johan Hultenheim
Dag Fodstad
Chris Sørum
Claus Hougesen
Juha Sihvonen

4. New holding
After exercising options, Peter Trans holds no options in the Company. As of today the primary insider holds 397,494 shares in the Company.
After exercising options, Steinar Sønsteby holds 150,000 unexercised options in the Company, corresponding to 150,000 shares at the strike price of NOK 57.25. As of today the primary insider holds no shares in the Company.
After exercising options, Rune Falstad holds 100,000 unexercised options in the Company, corresponding to 100,000 shares at the strike price of NOK 57.25. As of today the primary insider holds 74,500 shares in the Company.
After exercising options, Carl-Johan Hultenheim holds 133,334 unexercised options in the Company, corresponding to 133,334 shares at the strike price of NOK 49.60. As of today the primary insider holds no shares in the Company.
After exercising options, Dag Fodstad holds 126,667 unexercised options in the Company, corresponding to 126,667 shares at the strike price of NOK 50.50. As of today the primary insider holds 9,000 shares in the Company.
After exercising options, Chris Sørum holds 16,667 unexercised options in the Company, corresponding to 16,667 shares at the strike price of NOK 57.25. As of today the primary insider holds no shares in the Company.
After exercising options, Claus Hougesen holds no options in the Company. As of today the primary insider holds 411,490 shares in the Company.
After exercising options, Juha Sihvonen holds no options in the Company. As of today the primary insider holds no shares in the Company.

For further information, please contact:
Rune Falstad, CFO Atea ASA, mobile +47 906 14 482

  
About Atea
Atea is the leading Nordic and Baltic supplier of IT infrastructure with approximately 6,600 employees. Atea is present in 82 cities in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers IT products from leading vendors and assists its customers with specialist competencies within IT infrastructure services. Atea had revenue of approximately NOK 21 billion in 2012 and is listed on Oslo Stock Exchange.
www.atea.com

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