Capital increase - Exercise of employee share options

According to the company's share option plan for executives and key personnel in the Agasti Group 307,675 share options matured on Thursday 13 February 2014 at an execution price of NOK 1.10 per share. The company has prior to maturity received option notices of a total of 241,353 share options. In order to fulfil the company's obligations under the share option agreements, the Board of Directors has in an extraordinary board meeting on 13 February 2014 decided to make use of the proxy given by the general meeting on 26 June 2013.

Through the rights issue, Agasti will receive gross proceeds of NOK 265,488.30.

The Board of Directors has resolved to increase the company's share capital by NOK 43,443.54 from NOK 52,825,090.68 to NOK 52,868,534.22 through an issue of 241,353 new shares, each with a nominal value of NOK 0.18.

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