Award of stock options according to option program

Agasti Holding ASA has on the 7th of November 2012 awarded stock options in accordance with an option program for executives in the Agasti Group within a framework of 12.5 million stock options. Reference is made to the notice to Oslo Stock Exchange on 15th of August 2012.

A total of 1.625 million stock options were awarded to 9 employees on the 7th of November 2012. The total number of outstanding stock options after the allocation on 7th of November 2012 is 13.35 million.

The strike price for the options is 105% of the share's closing price on the Oslo Stock Exchange on the date of the award, which means a strike price of NOK 1.58. The strike price shall however be reduced by the accumulated dividend paid in the period after the options have been awarded.

Stock options awarded on 7th of November 2012 comprise a vesting period of 3 years, whereas 1/3 of granted stock options can be exercised within a period of three (3) days after filing interim results for the third quarter to the Oslo Stock Exchange, the next 3 consecutive years.

Contact information:

Christian Tunge, CFO, mobile phone +47 450 65 850

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

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