Mandatory notification of trade - flagging

Synesi AS, a company owned by Espen Fjogstad, member of the board of directors of NextGenTel Holding ASA (the “Company”), has 12 December 2017 purchased 500,000 shares in NextGenTel Holding ASA at an average price of NOK 19.00 per share. After this transaction, Synesi AS holds 1,250,000 shares in the Company. This represents 5.37% of total number of outstanding shares in the Company.

About Us

The NextGenTel Group is a major player in providing fixed and mobile Internet communication services to consumers and businesses with a #2 position within xDSL broadband in the Norwegian market. The range of services covers access independent broadband, data net, Ethernet, VoIP, mobile and TV. In addition, the Group provides VoIP services to consumers in Denmark, Switzerland and the Netherlands. The company is headquartered in Oslo, Norway and is listed on the Oslo Exchange as NGT. NextGenTel's mission is to be a major force in defining and providing fixed and mobile internet communications to the consumer and small businesses.