Mandatory notification of trades

Telio Holding ASA has 24 March 2010 sold 59,000 own shares at an average price of NOK 16.08 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 811,234 outstanding options in the company with strike price from NOK 6.0 to NOK 31.5 (average NOK 14.16). After this transaction, Telio Holding ASA holds 254,667 own shares. CFO Tom Nøttveit has 24 March 2010 exercised 50,000 share options at a strike price of NOK 16. After this, Tom Nøttveit owns 72,500 shares and 100,000 share options in Telio Holding ASA.