Completion of Rights Issue

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE.

The subscription period in the rights issue in Agasti Holding ASA ("Agasti" or the "Company") expired at 16:30 (CET) on 29 July 2013. At the end of the subscription period, Agasti had received subscriptions for a total of 14,782,731 new shares. In addition to this, 14,814,814 shares will be allocated to Tenold Gruppen AS ("Tenold"), which is in accordance with Tenold's right to be allocated shares corresponding to NOK 20 million, cf. stock exchange notice of 26 June 2013, and 1,513,566 will be allocated to Ludvig Lorentzen AS, one of the guarantors of the rights issue.

In a board meeting on 30 July 2013, the Board of Directors of Agasti approved the final allocation of the shares offered in the rights issue based on the allocation criteria set out in the prospectus dated 12 July 2013. A total of 31,111,111 new shares have been allocated.

Letters giving notification of allocated new shares and the corresponding subscription amount to be paid by each subscriber are expected to be distributed 31 July 2013. Payment for the allocated shares falls due on 5 August 2013 in accordance with the payment procedures described in the prospectus.

The new shares may not be transferred or traded before they are fully paid and the share capital increase pertaining to the rights issue has been registered with the Norwegian Register of Business Enterprises. It is expected that the share capital increase will be registered in the Norwegian Register of Business Enterprises on or about 7 August 2013 and that the new shares will be transferred to the VPS accounts of the subscribers and admitted to trading on the Oslo Stock Exchange on the same day.

Through the rights issue, Agasti will receive proceeds of NOK 42,000,000 before the deduction of transaction costs. The Company's Board of Directors resolved on 26 June 2013 to increase the share capital of the Company by 5,599,999.98 through the issue of 31,111,111 new shares in the rights issue. Following registration of the share capital increase in the Norwegian Register of Business Enterprises, the Company's share capital will be NOK 52,585,534.98, divided into 292,141,861 shares, each with a nominal value of NOK 0.18.

Following the rights issue, Tenold holds 20,195,948 shares in the Company, corresponding to 6.91 % of the shares, above the 5 % disclosure threshold.

Contact details:
Deputy CEO Jørgen Pleym Ulvness, mobile phone: (+47) 906 67 877

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