Photocure ASA

Transaction in Own Shares • Sep 3, 2018

Photocure ASA: Mandatory notification of trade

Photocure ASA: Mandatory notification of trade

Oslo, Norway, 3 September 2018: Photocure ASA (OSE: PHO), announces today that

it has repurchased  1,121 own shares at NOK 0 per share in relation to the long-

term incentive programme described in the stock exchange release on 7 May 2018.

After this transaction Photocure ASA holds 14,930 own shares, representing

approximately 0.07 per cent of the issued outstanding number of shares of the

company.

For further information, please contact:

Photocure

Erik Dahl, CFO and Interim CEO

Tel: +47 450 55 000, E-mail: ed@photocure.no

www.photocure.com

The transaction is completed in accordance with the board authorisation given at

the annual general meeting held 9 May 2018. This information is subject to the

disclosure requirements pursuant to section 5-12 of the Norwegian Securities

Trading Act.