Nordic Semiconductor

Transaction in Own Shares • Oct 31, 2016

Share Repurchase

Share Repurchase

The Board of Directors of Nordic Semiconductor ASA has

in a board meeting held on 30 October 2016, authorized

the Company to commence a share repurchase program.

The share repurchase program will be carried out in

accordance with applicable laws and regulations.

Key terms of the share repurchase program include:

* The maximum number of share that the Company may

purchase under the program is 2,000,000 shares

(corresponding to 1.2% of the current issued share

capital of the Company

* The shares may be purchased for a maximum NOK 35.00

* The share repurchase program period runs from 31

October 2016 and ends on the latest on the Annual

General Meeting in 2017

* No shares may be bought at a price higher than the

greater of the share price of the latest independent

trade or the highest current independent offer price

at Oslo Børs at the time of the trade.

* The maximum number of shares in the Company which

may be purchased on each trading day corresponds to

maximum 20% of the average daily trading volume of the

Company for that day.

Investor Relations contact:

Pål Elstad, Chief Financial Officer

Mobile: (+47) 99 166 293