Itera

Notice of Dividend Amount • Oct 19, 2016

Key information relating to the cash dividend to be paid by Itera ASA

Key information relating to the cash dividend to be paid by Itera ASA

Dividend: 0.15 per share

Declared currency: NOK

Last day including right: October 20, 2016

Ex-date: October 21, 2016

Record date: October 25, 2016

Dividend payment date: November 4, 2016

Date of approval: October 18, 2016

At a meeting on October 18, 2016, the Board of Directors

decided to distribute an additional dividend for 2015 of NOK

0.15 per share. The decision is in accordance with the

authorization given at the Annual General Meeting on May 23,

2016. This information is published in accordance with the

requirements of the Continuing Obligations.

For more information:

Arne Mjøs, CEO

+47 905 23 172

arne.mjos@itera.no

Bent Hammer, CFO

+47 982 15 497

bent.hammer@itera.no