Atea — Director's Dealing 2010

Aug 9, 2010

GRANT OF SHARE OPTIONS TO EMPLOYEES AND PRIMARY INSIDERS, ATEA ASA

The Annual General Meeting April 29, 2010, authorized

the Board of Directors to establish share option

programs for Atea management and key personnel

representing up to 3,000,000 options.

The share options have been granted to managers, key

personnel and executive managers in the Group in line

with the guidance approved at the Annual General

Meeting where the share options granted is seen as a

way to keep the increase in the fixed salary and

bonuses on a minimum. For example the number of share

options granted to the CEO of the Group will imply no

increase in the fixed salary and no bonus payment in

the years 2010, 2011, 2012 and 2013. Another example

is the share options granted to the Danish MD. This

is a recognition of an extraordinary good

performance, especially for the years 2008 and 2009,

without any increase in fixed salary and no bonuses

for these years. In addition, this is combined with

an agreement of no increase in the fixed salary and

no bonus payment in the years 2010, 2011, 2012 and

2013 for the Danish MD.

A total of 2,959,000 share options have been granted

to the primary insiders listed below and to a total

of 70 employees in Atea.

The options have an exercise price of NOK 40.64,

which is the average share price of one week before

announcing the Q2 results and one week after.

The following primary insiders have been granted

share options:

Claus Hougesen has been granted 500,000 options.

Following the grant Claus Hougesen holds 500,000

options and 411,490 shares in Atea ASA.

Rune Falstad has been granted 200,000 options.

Following the grant Rune Falstad holds 350,000

options and 74,500 shares in Atea ASA.

Peter Hilligsøe Trans has been granted 500,000

options. Following the grant Peter Hilligsøe Trans

holds 700,000 options and 397,494 shares in Atea ASA.

Mohan Parson has been granted 30,000 options.

Following the grant Mohan Parson holds 46,666 options

and 7,800 shares in Atea ASA.

Steinar Sønsteby has been granted 200,000 options.

Following the grant Steinar Sønsteby holds 333,334

options and 1,500 shares in Atea ASA.

Kristine Bodil Schüssler has been granted 30,000

options. Following the grant Kristine Bodil Schüssler

holds 46,667 options and 1,500 shares in Atea ASA.

Lars Lennart Andreas Pettersson has been granted

200,000 options. Following the grant Lars Lennart

Andreas Pettersson holds 306,667 options and 3,000

shares in Atea ASA.

Attila Sajti Franzen has been granted 30,000 options.

Following the grant Attila Sajti Franzen holds 66,000

options and 1,500 shares in Atea ASA.

Juha Antti Sihvonen has been granted 100,000 options.

Following the grant Juha Antti Sihvonen holds 200,000

options and 0 shares in Atea ASA.

Petteri Mussalo has been granted 15,000 options.

Following the grant Petteri Mussalo holds 15,000

options and 0 shares in Atea ASA.

Chris Sørum has been granted 10,000 options.

Following the grant Chris Sørum holds 10,000 options

and 0 shares in Atea ASA.

All options must be exercised within three years of

entering into the option agreement. 1/3 of the

options granted may be exercised one year after the

grant, 1/3 after year two and 1/3 after year three.

For further information, please contact:

Claus Hougesen, CEO Atea ASA, Mobile +45 3078 1200

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 4700 employees.

Atea is present in 73 cities in Norway, Sweden,

Denmark, Finland, Lithuania, Latvia and Estonia. Atea

delivers IT products from leading vendors and assist

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]