Asetek A/S

ASETEK - Board of Directors Decides to Adopt Dividend Policy

October 27, 2016 - The board of directors of Asetek has adopted a new dividend

policy and intends to propose a cash dividend to the Annual General Meeting in

The new policy of Asetek is to distribute a dividend to its shareholders which

is equal to 50% of the previous year's net income (after tax profits). When

proposing the total annual dividend level, the board will take into

consideration the company's growth plans, liquidity requirements and necessary

financial flexibility.

The board expects to propose an initial cash dividend of approximately NOK 1 per

share outstanding to the Annual General Meeting in 2017. The expected proposal

reflects the new dividend policy combined with an extraordinary dividend

component due to Asetek's strong cash position as of today.

"I appreciate the board's prudent approach, ensuring that Asetek has financial

strength to partner with large OEMs and flexibility for continued investments,

while at the same time avoiding excess cash on the balance sheet" says Andre S.

Eriksen, Chief Executive Officer.

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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