The Board of Directors is authorized by resolution approved by the annual general meeting on the 6^th of May 2009 to enter into such stock option agreements on terms as stated in the resolution.

 

A total of 4.279 million stock options will be awarded to 265 employees on the 17^th of February 2010. The remaining options within the framework for the 2010 award will be awarded on the dates the interim results for 2010 have been presented by the company by notices to the Oslo Stock Exchange.  The total number of outstanding stock options after the allocation on 17^th of February 2010 is 8.860 million.

 

The strike price for the options awarded for the year 2010 shall be 105% of the Acta share's closing price on the Oslo Stock Exchange on the date of the award. The strike price shall however be reduced by the accumulated dividend paid in the period after the options have been awarded.

 

The stock options awarded on the 17^th of February 2010 can be exercised with 100 % in a period of four weeks (28 days) after the interim results of the fourth quarter in 2011 have been presented by the company by notice to the Oslo Stock Exchange.  The stock options awarded on the dates of the interim results for 2010 have been presented by the company by notice to the Oslo Stock Exchange can be exercised with 100 % in a period of four weeks (28 days) after the corresponding interim results for 2012 have been presented by the company by notice to the Oslo Stock Exchange.

 

Employees will have a lock-in period of one year on stocks that are acquired under the option program.  

 

Contact information:

Chairman Alfred Ydstebø, mobile phone +47 908 32 828

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)