Atea

Transaction in Own Shares • Feb 4, 2011

Mandatory notice of trade - ATEA

Peter Trans, CEO in Atea Denmark A/S, has through his

company PAOP Holding ApS, through exercise of

options, purchased 200,000 shares at a price of NOK

28.40 each on February 3, 2011. Further he has, at

the same date and through the same company sold

200.000 shares at an average share price of NOK

59.62. Equity holdings for Peter Trans after the

transactions remain 397,494 shares and he still has

500.000 options at strike NOK 40,64.

Peter Trans has owned the shares for more than 7

years and still holds a significant amount of shares

in Atea.

For more information, please contact:

Rune Falstad, CFO Atea ASA, mobile +47 906 14 482