Photocure ASA

Share Issue/Capital Change • Feb 22, 2019

Photocure ASA - share capital increase registered

Photocure ASA - share capital increase registered

Reference is made to the announcement on 14 February 2019 in respect of a

capital increase of 17,379 new shares following the execution of the employee

long-term incentive program for restricted shares in the company.

The share capital increase has been duly registered in the Norwegian Register of

Business Enterprises. Following the share capital increase, Photocure ASA's

share capital is NOK 10,898,193.50 divided on 21,796,387 shares each having a

par value of NOK 0.50. Each share represents one vote at the Photocure ASA's

general meeting.

For further information, please contact:

Photocure

Erik Dahl, CFO

Tel: +47 450 55 000

E-mail: ed@photocure.no

www.photocure.com

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.