Nordic Financials ASA - M&A Activity 2017

Acquisition of assets in Solex AS (former Aega Solar AS) completed

Reference is made to the stock exchange announcement by Aega ASA (the "Company")

on 9 December 2016 and the minutes from the Company's extraordinary general meeting

held on 27 January 2017 regarding an agreement to acquire assets from Solex AS

(former Aega Solar AS) (Solex).

The acquisition has now been completed. The closing of the transaction took place on 31

January 2017. The 3,000,000 consideration shares and 2,000,000 warrants in the

Company to be issued to Solex as consideration will be issued as soon as practically

possible.

Oslo, 31 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.

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