Asetek A/S

Share Issue/Capital Change • Aug 14, 2014

Asetek - Issuance of Warrants

Asetek - Issuance of Warrants

August 14, 2014 - Asetek A/S' board of directors has on August 12th

decided to issue warrants to two board members and three employees in

the company and its subsidiaries. The board's decision is made in

accordance with the shareholder authorization for the board adopted as

Article 6.1 of the articles of association and the company's general

guidelines regarding incentive programs.

A total of 32,970 warrants have been issued for subscription of up to

32,970 shares of a nominal value of DKK 0.10 at an exercise price of NOK

33.90 per share. The exercise price is established as the share price

("closing price") for the Company's share as of yesterday. Prior to the

issue of any shares under this program, Asetek A/S has 14,881,311 shares

outstanding.

Warrants granted to employees in a Danish company the warrants are

limited by and governed by the Danish Act on Options for Employees (the

Stock Option Act/aktieoptionsloven) regarding termination of employment

prior to exercise of warrants.

The warrants become exercisable gradually within a period of 1 to 4

years and the warrants will lapse 7 years after they have been

subscribed.

Under this program two board members will receive each 6,408 warrants

and other employees in the Company and its subsidiaries, a total of

20,154 warrants.

The award of warrants will incur consequential amendments to the

articles of association.

About Asetek

Asetek is the world leading provider of energy efficient liquid cooling

systems for data centers, servers, workstations, gaming and high

performance PCs. Its products are used for reducing power and greenhouse

emissions, lowering acoustic noise, and achieving maximum performance by

leading OEMs and channel partners around the globe.

Asetek's products are based upon its patented all-in-one liquid cooling

technology with more than 1.8 million liquid cooling units deployed in

the field. Founded in 2000, Asetek is headquartered in Denmark with

offices in California, China and Taiwan. For more information, visit

http://www.asetek.com.