15/05-2008 (BXPL.OAX) Mandatory Notification Of Trade

Mr Stig Hetlevik, CEO of Badger Plasma Technology AS, a wholly owned subsidiary of Badger Explorer ASA, has today purchased 6 000 shares in Badger Explorer ASA, at an average price of NOK 24,40. Mr Hetleviks holding after the purchase is 6 000 bxpl shares.