In accordance with the Power of Attorney given at the general meeting on 25 March 2009, the Board of Navamedic ASA has allocated 50,000 share options to key personnel in the company.
The share options have a term of 2.5 to 3 years. Strike price for the share Options is set to be NOK 7,00.
The share options were allocated to the company's CFO Bjorn Lindholt (30,000 options) and Senior Vice President Hakan Josephsson (20,000 options).


Navamedic ASA
Oslo, 28 October 2010

Contact:
Olof Milveden, CEO
Tel.: +47 67112542

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)