Photocure ASA

Major Shareholding Notification • Apr 24, 2017

Photocure ASA: Disclosure of large shareholdings - proxies received in connection with the AGM

Photocure ASA: Disclosure of large shareholdings - proxies received in connection with the AGM

Oslo, 24 April 2017: Photocure ASA (OSE: PHO).

Bente-Lill Bjerkelund Romøren has as chairperson of the board of directors of

PHO received proxies to vote for 1,389,360 shares at the annual general meeting

of PHO on 27 April 2017 (the "AGM"), representing approx. 6.4% of the total

shares and votes at the AGM. The proxies received are only valid for the AGM and

will lapse thereafter.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.