Bouvet

Mandatory notification of trade

Oslo, November 14th 2016: Employees in management positions

have today acquired a total of 17145 shares in Bouvet ASA

through the company's employee share incentive program for

employees in management positions. The purchase price was

NOK 126.00 per share. 1602 shares were purchased by primary

insiders of the company.

Axel Borge has acquired 178 shares. As of today, Axel Borge

holds 4278 shares in the company.

Bjarte Gudmundsen has acquired 178 shares in the company.

As of today, Bjarte Gudmundsen holds 9858 shares in the

company.

Anne Hasselgreen has acquired 178 shares in the company. As

of today, Anne Hasselgreen holds 18175 shares in the

company.

Arne Hermansen has acquired 178 shares. As of today, Arne

Hermansen holds 15549 shares in the company.

Sverre Hurum has acquired 178 shares. As of today, Sverre

Hurum holds 507489 shares in the company.

Torgeir Nilsen has acquired 178 shares in the company. As of

today, Torgeir Nilsen holds 19926 shares in the company.

Erik Stubø has acquired 178 shares. As of today, Erik Stubø

holds 236989 shares in the company.

Eirik Vefsnmo has acquired 178 shares. As of today, Eirik

Vefsnmo holds 55489 shares in the company.

Trude Hole has acquired 178 shares. As of today, Trude Hole

holds 1041 shares in the company.

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