Asetek A/S

ASETEK - Mandatory Notification of Trade: CEO Exercises Warrants and Sells Shares

October 27, 2016 - Chief Executive Officer and primary insider of Asetek A/S,

Andre Sloth Eriksen, has today exercised 32,289 warrants issued on August 8,

2015 and 11,836 warrants issued on April 29, 2016, and subscribe for shares in

the company at NOK 10.60 and NOK 19.50 per share respectively. In total, the

44,125 shares have a subscription price of NOK 573,065. For further details, see

separate stock exchange notification "Share capital increase upon exercise of

warrants" issued by the company today.

Eriksen has furthermore sold 158,637 shares in a single, private transaction at

price NOK 46.00 today.

Following the transaction, Andre Sloth Eriksen and closely related parties owns

300,000 shares and 324,337 warrants and options.

"We are in the midst of a very promising journey, turning Asetek from a niche

business into a mainstream, global computer hardware provider. While I have sold

parts of my shares to finance my family's house, I remain fully committed as the

company's CEO and hold a substantial amount of shares and warrants. Asetek has

very exciting times ahead", said André Sloth Eriksen.

About Asetek

Asetek® (ASETEK.OL) is the global leader in liquid cooling solutions for data

centers, servers and PCs. Asetek's server products enable OEMs to offer cost

effective, high performance liquid cooling data center solutions. Its PC

products are targeted at the gaming and high performance desktop PC segments.

With over 3.5 million liquid cooling units deployed, Asetek's patented

technology is being adopted by a growing portfolio of OEMs and channel partners.

Founded in 2000, Asetek is headquartered in Demark and has operations in

California, Texas, China and Taiwan. For more information visit

http://www.asetek.com.

For further information, please contact:

Andre S. Eriksen, Chief Executive Officer

Mobile: +45 2125 7076

Peter D. Madsen, Chief Financial Officer

Mobile: +45 2080 7200

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