Ottar Nakken (VP Commercial) has today purchased 70,000 shares in Nordic Mining ASA at a price of NOK 0.481 per share. After the purchase Nakken holds 835,000 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, 15 October 2008

Nordic Mining ASA