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Nel ASA

Director's Dealing Sep 2, 2016

3670_dirs_2016-09-02_939db229-f24e-4bd2-9478-00bc8e3f7220.html

Director's Dealing

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Mandatory notification of trade NEL ASA

Mandatory notification of trade NEL ASA

Bent Mathias Skisaker, CFO of NEL ASA ("NEL") has on 2 September 2016 purchased

200,000 shares in NEL at NOK 2.476 per share.

After the transaction Bent Mathias Skisaker has a holding of 200,000 shares in

NEL ASA, representing approx. 0,03% of the total number of shares in NEL (based

on 683,678,252 outstanding shares). The shares were acquired from NEL, which

after the transaction holds 2,155,136 shares, representing approx. 0,32 % of the

total number of its shares.

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