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MANDATORY NOTIFICATION OF TRADE

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Claus Fossum, Senior Vice President - Business Development and Marketing in Simtronics ASA, has today 20 November bought 50 000 shares in Simtronics ASA at the price NOK 1,80 per share.

After the transaction Claus Fossum controls 100 000 shares in Simtronics ASA. In addition Claus Fossum has 250 000 share options.