Allocation of share options

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In accordance with the Power of Attorney given at the Annual General Meeting 10 June 2014, the Board of Navamedic ASA has decided to allocate 50,000 share options to the company's interim CEO Håkan Josephsson. The share options have a term of 2.5 years. 25 000 shares were allocated November 14 2014 with a strike price of 12.50. 25 000 options will be allocated 11 November 2015 with a strike price equal to closing price on 11 November 2015.

For further information, please contact:
Navamedic ASA
CFO Bjørn Lindholt
Tel: +47 930 06601

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

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