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Atea M&A Activity 2010

Dec 21, 2010

3542_rns_2010-12-21_017687cb-daca-405b-87be-d929017c71e6.html

M&A Activity

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Atea completes acquisition of Umoe IKT

Following the approval from the Norwegian competition

authorities, Atea has completed the acquisition of

Umoe IKT AS on December 21, 2010.

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 4800 employees.

Atea is present in 73 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 annual revenue of

approximately NOK 15 billion and is listed on Oslo

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