Nordic Financials ASA — Share Issue/Capital Change 2016

Dec 19, 2016

Re Contemplated private placement

Re Contemplated private placement

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN

PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,

AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN

WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE

UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF

ANY OF THE SECURITIES DESCRIBED HEREIN.

Aega ASA: Reduction of minimum size of, and extension of

subscription period in, private placement

Reference is made to the stock exchange notice by Aega ASA

(the "Company") on 7 December 2016 regarding a contemplated

private placement of new shares in the Company (the "Private

Placement") with total proceeds of minimum NOK 25 million

and maximum NOK 40 million.

Pursuant to the stock exchange notice, the subscription

period was contemplated to expire on 16 December 2016 at

16:30 hours CET, subject to any shortening or extension. The

Company has decided to extend the subscription period until

19 December 2016 at 16:30 hours CET.

The Company has further decided to reduce the minimum size

of the Private Placement to NOK 10 million.

The Company will, subject to the Private Placement being

placed at the new minimum level, announce the number of

shares allocated in the Private Placement, as well as any

changes to the contemplated dates for payment and delivery

of the new shares, through a stock exchange notice expected

to be sent before the opening of Oslo Børs on 20 December

For further information, please contact:

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

This information is subject of the disclosure requirements

pursuant to section 5-12 of the Norwegian Securities Trading

Act.

This announcement is not and does not form a part of any

offer for sale of any securities, and is for release,

publication or distribution, directly or indirectly, in the

United States, or any other jurisdiction in which such

distribution would be unlawful or would require registration

or other measures. Securities may not be sold in the United

States absent registration with the United States Securities

and Exchange Commission or an exemption from registration

under the U.S. Securities Act of 1933, as amended. Aega ASA

does not intend to register its securities in the United

States. The distribution of this announcement into

jurisdictions other than Norway may be restricted by law.

Persons into whose possession this announcement comes should

inform themselves about and observe any such restrictions.

Any failure to comply with these restrictions may constitute

a violation of the securities laws of any such jurisdiction.

This announcement has not been approved by any regulatory

authority.