Adoption of rights issue

Reference is made to stock exchange announcement 21 June 2013 and announcement regarding completed annual general meeting in Agasti Holding ASA ("Agasti" or the "Company") today.

The Board of Agasti has today adopted an underwritten rights issue with gross proceeds of NOK 42 million, at a subscription price of NOK 1.35 per share.

The rights issue is underwritten by Tenold Gruppen AS with NOK 20 million, IKM Industi-Invest AS with NOK 2 million and Ludvig Lorentzen AS, Sissener AS, Perestroika AS og Mons Holding AS with a total of NOK 20 million.

Shareholders as of the end of 27 June 2013 (as documented by the shareholder register in the VPS as of 2 July 2013), who are not resident in a jurisdiction where such offering would be unlawful without the registration or approval of a prospectus (unless such registration or approval has taken place pursuant to a resolution by the Board of Directors), will receive transferable subscription rights based on their shareholding as of that date. Over-subscription will be allowed.

The shares in the Company will trade excluding the right to participate in the rights issue from 28 June 2013.

The Company will publish a prospectus approved by Finanstilsynet in connection with the rights issue.

The subscription period will be from 15 to 29 July 2013 at 16:30 CET, provided however, that the subscription period, if the prospectus is not approved in time to maintain this subscription period, shall commence on the second trading day on the Oslo Stock Exchange after such approval has been obtained and end at 16:30 CET on the 14th day thereafter.

The subscription rights will be tradable from the start of the subscription period and end at 16:30 CET three exchange days before expiry of the subscription period.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.