Mandatory Notification of Trade

On 27 November 2013 Flakk Holding AS, a company controlled by the Chairman of Hexagon Composites ASA, Mr. Knut Flakk, sold 6 000 000 shares in Hexagon Composites ASA at a price of NOK 24.50 per share. Flakk Holding AS has simultaneously entered into a forward contract to buy back the same shares on 27 May 2014 at a price of 24.959 per share. The share price difference constitutes interest compensation to the counterparty.  After the sale, Flakk Holding AS holds 44 915 988 shares which constitutes 33.70% of the shares, but retains exposure to the same number of shares as before the sale, namely 50 915 988 shares equal to 38.20% of the shares in Hexagon Composites ASA.