Resolution of stock option plan and granted stock options

The Board of Agasti Holding ASA has in the board meeting on the 6th of March 2014, decided to implement a stock option plan for executives within the Agasti Group, limited to 7 million stock options. This plan is part of an employee incentive program in Agasti, created for improved results, attract new employees and retain existing employees.

On the 6th of March 2014 5.67 million stock options are granted to executives within the Agasti Group. The total number of outstanding stock options after this allocation is 10.00 million.

The strike price for the options is 110% of the Agasti share's closing price on the Oslo Stock Exchange on the date of the award, which means a strike price of NOK 2.01. The strike price will however be reduced by the accumulated dividend paid in the period after the options have been granted.

Stock options awarded on the 6th of March 2014 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 fourth quarter to the Oslo Stock Exchange, the next 3 consecutive years.

Please see the attachment hereto for details regarding the allocations to company insiders.

Contact information:

Erling Meinich-Bache, Chairman of the Board, Agasti Holding ASA - phone +47 957 44 244

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