Increase of share capital in Atea ASA ("the Company")

Reference is made to the statement regarding share

options exercise in Atea dated October 29, 2010.

Out of a total of 1,699,169 exercisable options,

employees in the Atea Group have exercised 469,665

options. Following the share option exercise the

Board of Directors, pursuant to authorisation granted

by the Company's Annual General Meeting, has decided

to increase the Company's share capital by NOK

4,696,650 by issuing 469,665 new shares, of par value

NOK 10. Following the increase the Company's share

capital is NOK 962,950,220 divided into 96,295,022

shares.

Following the registration by the Norwegian Register

of Business Enterprises (Foretaksregisteret) of

November 2, 2010, the Articles of association for the

Company have been revised accordingly.

This information is subject of the disclosure

requirements acc. to §5-12 vphl (Norwegian Trading

Act).

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]

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