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Mandatory notification of trade

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CFO Lars K. Grøndahl has 7 January 2010 purchased 50,000 shares in Nordic Mining ASA at an average price of NOK 1.109 per share. After the purchase Grøndahl holds 2,149,851 shares in Nordic Mining. In addition, Grøndahl has option to buy in total 550,000 shares in Nordic Mining; 275,000 shares at a price of NOK 2.625 per share, and 275,000 shares at a price of NOK 1.60 per share. The options are valid till June 2010.

Oslo, 8 January 2010
Nordic Mining ASA
 
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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