Atea — Director's Dealing 2010

Feb 11, 2010

Exercise of employee share options

1. Out of a total of 2,151,168 exercisable options,

employees in the Atea Group have exercised 871,001

options. Following this transaction including the

option exercise of Claus Hougesen announced February

4, 2010, 1,111,001 shares will be transferred from

Atea's holding of own shares.

2. Options exercised by primary insiders on February

10, 2010:

Juha Antti Sihvonen has exercised 50,000 options in

the Company, corresponding to

50,000 shares at the strike price of NOK 32.80.

Lars Lennart Andreas Pettersson has exercised 30,000

options in the Company, corresponding to 30,000

shares at the strike price of NOK 28.40.

Kristine Bodil Schüssler has exercised 8,333 options

in the Company, corresponding to

8,333 shares at the strike price of NOK 32.40.

Steinar Sønsteby has exercised 66,666 options in the

Company, corresponding to 66,666 shares at the strike

price of NOK 28.40.

Mohan Parson has exercised 33,334 options in the

Company, corresponding to

33,334 shares at the strike price of NOK 32.50.

3. Transfer of rights

On February 10, 2010, the primary insiders mentioned

below transferred their rights to receive shares

resulting from the exercise of options to a third

party. The sales amount will be finally determined on

the basis of the price subsequently obtained by the

third party when selling the shares in the market.

Still, primary insiders cannot be held liable for

losses incurred by the third party if the shares are

later sold below the strike price. Final compensation

for the transferred rights will be reported to Oslo

Stock Exchange when known.

Juha Antti Sihvonen has transferred 50,000 rights.

Lars Lennart Andreas Pettersson has transferred

30,000 rights.

Kristine Bodil Schüssler has transferred 8,333 rights.

Steinar Sønsteby has transferred 66,666 rights.

Mohan Parson has transferred 33,334 rights.

4. New holding

After exercising options, Juha Antti Sihvonen holds

100,000 unexercised options in the Company,

corresponding to 100,000 shares at the strike price

of NOK 32.80. As of today the primary insider holds 0

shares in the Company.

After exercising options, Lars Lennart Andreas

Pettersson holds 106,667 unexercised options in the

Company, corresponding to 106,667 shares at the

strike price of NOK 19.20 (66,667 options) and NOK

28.40 (40,000 options). As of today the primary

insider holds 3,000 shares in the Company.

After exercising options, Kristine Bodil Schüssler

holds 16,667 unexercised options in the Company,

corresponding to 16,667 shares at the strike price of

NOK 32.40. As of today the primary insider holds

1,500 shares in the Company.

After exercising options, Steinar Sønsteby holds

133,334 unexercised options in the Company,

corresponding to 133,334 shares at the strike price

of NOK 28.40. As of today the primary insider holds

1,500 shares in the Company.

After exercising options, Mohan Parson holds 16,666

unexercised options in the Company, corresponding to

16,666 shares at the strike price of NOK 32.50. As of

today the primary insider holds 7,800 shares in the

Company.

For further information, please contact:

Rune Falstad, CFO Atea ASA, mobile +47 906 14 482

About Atea

Atea is the leading Nordic and Baltic supplier of IT

infrastructure with approximately 4400 employees.

Atea is present in 72 cities in Norway, Sweden,

Denmark, Finland, Lithuania, Latvia and Estonia. Atea

delivers IT products from leading vendors and assists

its customers with specialist competencies within IT

infrastructure services. Atea has an annual revenue

of approximately NOK 15 billion and is listed on Oslo

Stock Exchange. [http://www.atea.com]