Mandatory notification of trade

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Nordic Mining ASA at a price of NOK 0.62 per share. After the
purchase Nakken holds 895,000 shares in Nordic Mining. In addition
Nakken has option to buy in total 550,000 shares in Nordic Mining;
60,000 shares at a price of NOK 2.625 per share,  215,000 shares at a
price of NOK 3.15 per share, and 275,000 shares at a price of NOK
1.60 per share. The options are valid till June 2010.

Oslo, 7 November 2008
Nordic Mining ASA

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