Atea — Proxy Solicitation & Information Statement 2010

Apr 8, 2010

Notice of Annual General Meeting

The Annual General Meeting will be held Thursday the

29th of April 2010 at 10:00 a.m. at the company's

offices at Brynsalléen 2, Oslo.

The following items are on the agenda:

1. Election of chairperson for the meeting

2. Election of an individual to sign the minutes

jointly with the chairperson

3. Approval of the notice of the meeting and

agenda

4. Report from the CEO

5. Approval of the financial statements and

annual report for 2009 for the parent company and

Group, including year-end allocations

6. Resolution regarding distribution of dividend

7. Approval of the auditor's fees

8. Adoption of the remuneration to be paid to

board members

9. Election of new Board of Directors

10. Board of Director's declaration and

guidelines in accordance with Section 6-16a of the

Norwegian Public Limited Liability Companies Act

11. Power of attorney to the Board of Directors

to increase the share capital in connection with the

fulfilment of the company's share option programme

12. Power of attorney to the Board of Directors

to buy back shares in Atea pursuant to Section 9-4 of

the Norwegian Public Limited Liability Companies Act

13. Amendment of the Articles of Association

13.1. Registration in VPS as a condition for

participation and voting at the General Assembly

13.2. Requirement for prior notice for

participation in the General Assembly

13.3. Casting of advance vote

Attached is a detailed notice of Annual General

Meeting to be sent together with the

registration/proxy form to all shareholders with a

known address by April 8, 2010.

All documents regarding the Annual General Meeting

are available at www.atea.com from April 8, 2010,

including Atea's 2009 Annual Report and Auditor's

Report.

For further information, please contact:

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

Rune Falstad, CFO Atea ASA, mobile +47 906 14482