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Atea Major Shareholding Notification 2010

Jun 3, 2010

3542_mrq_2010-06-03_ad633d25-1d11-4461-bb95-03c76410d8a6.html

Major Shareholding Notification

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Notification under the General Shareholding Disclosure Obligations

Following the purchase of 350,000 shares on June 2,

2010, accounts managed by Harris Associates L.P.

became the beneficial owners of 4,799,200 shares of

Atea ASA. This represents 5.01% of the company and

an increase above the 5% substantial shareholder

filing threshold.

The following is a breakdown of share ownership as of

June 2, 2010:

Account Shares Owned % of Company

Account #1 2,608,100 2.72%

Account #1 867,100 0.90%

Account #1 52,100 0.05%

Account #1 560,200 0.58%

Account #1 94,800 0.10%

Account #1 447,100 0.47%

Account #1 169,800 0.18%

TOTAL 4,799,200 5.01%

Percentages are based on 95,825,000 outstanding

shares. All holdings of Atea ASA are for investment

purposes only. If you have any questions or require

further information, please contact me at

(312) 621-0628 or at [email protected].