Mandatory notification of trades

Telio Holding ASA has 21 December 2009 sold 10,000 own shares at an average price of NOK 19 per share. The shares were sold as part of the company`s share option program. As part of the compensation scheme, employees are offered options when they are employed by the company. The vesting (i.e.also exercise) date of the options granted depends on when the employee signed the employment contract. After this transaction, there are 993,067 outstanding options in the company with strike price from NOK 6.0 to NOK 31.5 (average NOK 14.99). Telio Holding ASA has 21 December 2009 purchased 14,200 own shares at NOK 35.50 per share. The transaction is part of a share buy-back authorization given by Telio Holding ASA's Annual General Meeting on 29 April 2009. Treasury shares will be used to fulfill the company’s obligation towards holders of share options. After these transactions, Telio Holding ASA holds 195,867 own shares.