Board member Dag Dvergsten jr. has through Dag Dvergsten AS today purchased 300 000 shares in Nordic Mining at NOK 2,44 per share. Mr. Dvergsten has directly and indirectly a total of 5,168,755 shares representing 9.67 % of the company.

Dag Dergsten AS has 2,5 mill. stock options at strike NOK 2.625 valid until June 2008.

 

For questions please contact CEO Ivar S. Fossum on telephone + 47 - 22947790.

 

Oslo, 20 August 2007
Nordic Mining ASA