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Systemintegration ApS reducing its ownership in Atea ASA as part of portfolio diversification

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Systemintegration ApS ("Systemintegration") has today sold or agreed to sell 3,500,000 shares in Atea ASA ("Atea"), representing approx. 3.43% of the share capital in Atea. Systemintegration is indirectly owned and controlled by Ib Kunøe, primary insider and the Chairman of the Board of Atea. The shares were sold at a price of NOK 63 per share. Following completion of the sale, Systemintegration will hold 25,112,363 shares in Atea, representing approx. 24.59% of the share capital in Atea, and Ib Kunøe and close associates will in total own 25,430,063 shares in Atea, representing approx. 24.90% of the share capital in Atea.

The shareholding in Atea is making up a significant part of Ib Kunøe's portfolio. The sale of shares was conducted in view of diversifying the portfolio.

Systemintegration has provided a lock-up undertaking to Skandinaviska Enskilda Banken AB (publ) Oslo Branch, which acted as sole manager for the transaction, for a period of 6 months for the shares in Atea held after the sale.

Oslo, 1 November 2013

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