Nordic Financials ASA — Capital/Financing Update 2017

Jan 3, 2017

Share capital increase registered

Share capital increase registered

Aega ASA - Share capital increase registered

Reference is made to the stock exchange announcement by Aega

ASA ("Aega" or the "Company", ticker "AEGA") published on 20

December 2016 regarding a private placement of 4 991 184 new

shares in the Company (the "Private Placement Shares").

The share capital increase pertaining to the Private

Placement Shares has now been registered in the Norwegian

Register of Business Enterprises.

Aega's new share capital is NOK 40 882 141 divided into 40

882 141 shares, each with a par value of NOK 1.00 per share.

Each share gives one vote at the Company's general meeting.

The Private Placement Shares will be registered in the

Norwegian Central Securities Depository on a separate ISIN

(NO 001 0781529). The listing of the Private Placement

Shares is subject to a prospectus being approved by the

Norwegian Financial Supervisory Authority and published by

the Company. Following such approval and publishing, the

Private Placement Shares will be converted to the ordinary

ISIN of the Company's shares and be made tradable on Oslo

Axess. The prospectus, expected to be published in the

middle of February 2017, will contain further details about,

inter alia, the Private Placement.

This information is subject to the disclosure requirements

pursuant to section 5-12 of the Norwegian Securities Trading

Act.

Oslo, 3 January 2017

Aega ASA

For further information, please contact:

Vegard Finstad, CEO Aega ASA, +47 911 92 132

ABOUT AEGA ASA:

Aega ASA is a solar utility company that acquires and

operates solar power plants. The Company currently owns a

portfolio of six individual solar parks in Italy with a

combined production capacity of 6 MW. The Company focuses on

acquisitions of smaller existing solar parks (below 5MW

capacity). The Company has its operating offices in Oslo,

Norway, and Trento, Italy. More information about Aega ASA

is available at www.aega.no.

IMPORTANT NOTICE:

Neither this announcement nor the information contained

herein is for publication, distribution or release, in whole

or in part, directly or indirectly, in or into or from the

United States, Australia, Canada, Japan or any other

jurisdiction where to do so would constitute a violation of

the relevant laws of such jurisdiction

This announcement does not contain or constitute an offer to

sell or a solicitation of any offer to buy or subscribe for

any securities referred to herein to any person in any

jurisdiction.