Ericsson Nikola Tesla d.d.

Director's Dealing • Nov 11, 2016

Datum - Date Naš broj – Our reference

Vaš datum - Your date Vaš broj - Your reference

Odgovorna osoba, telefon - Attending to this matter, telephone

ERICSSON NIKOLA TESLA d.d. Krapinska 45, HR-10 002 Zagreb

SECURITY: ERNT-R-A (ISIN: HRERNTRA0000) LISTING: Zagreb Stock Exchange, Regular market

Zagreb, November 11, 2016

Subject: NOTIFICATION ON TRANSACTION BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES

Pursuant to Article 19. Paragraph 3 of the Regulation (EU) No. 596/2014 on market abuse, Ericsson Nikola Tesla d.d. (hereinafter: the Issuer) notifies on transaction conducted by person discharging managerial responsibilities at the Issuer.

Gordana Kovačević, Managing Director of Ericsson Nikola Tesla d.d. notifies on disposal of 16 shares of Ericsson Nikola Tesla d.d., ticker: ERNT-R-A. Shares were disposed on November 8, 2016 in Zagreb on the regulated market - on the Zagreb Stock Exchange. Shares were disposed at the weighted average price of HRK 1,081.51 and the total value of transaction is HRK 17,304.14.

In accordance with the Commission Implementing Regulation No. 2016/523, information about transaction were stated in the Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. Template is enclosed in this Notification.

Telefon – Telephone	Žiro rn. – Giro acc.
	2360000-1101235687
	2340009-1110012058
	2484008-1100331673
+385 1 302 85 40	OIB/VAT No: HR84214771175
	+385 1 365 35 35 Telefaks – Telefax

Predsjednik Nadzornog odbora – Supervisory Board Chairman: Klas Roland Nordgren ° Uprava/Direktor – Management Board/Director : Gordana Kovačević MBS pri Trgovačkom sudu u Zagrebu – Zagreb Commercial Court Reg. No.: 080002028 ° Temeljni kapital uplaćen u cijelosti (kn) – Fully paid share capital (HRK): 133.165.000,00 Ukupan broj dionica – Total number of shares: 1 331 650 ° Nominalni iznos dionice (kn) – Nominal share value (HRK): 100,00

Datum - Date Naš broj – Our reference

Vaš datum - Your date Vaš broj - Your reference

Odgovorna osoba, telefon - Attending to this matter, telephone

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Gordana Kovačević
2.	Reason for the notification
(a)	Position/status	Ericsson Nikola Tesla d.d. Managing Director
(b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	Ericsson Nikola Tesla d.d.
(b)	LEI
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)	Description of the financial instrument, type of	Ericsson Nikola Tesla d.d. ordinary shares
	instrument	Ticker symbol: ERNT-R-A
	Identification code	ISIN: HRERNTRA0000
(b)	Nature of the transaction	Release of shares
(c)	Price(s) and volume(s)	Price (s)	Volume(s)
		1,081.51 HRK	14
		1,081.50 HRK	2
(d)	Aggregated information
	- Aggregated volume	16 shares
	- Price	1,081.51 HRK (weighted average price)
(e)	Date of the transaction	2016-11-08
(f)	Place of the transaction	Zagreb Stock Exchange

Ericsson Nikola Tesla d.d.
Adresa - Address	Telefon – Telephone	Žiro rn. – Giro acc.
S.W.I.F.T.
Krapinska 45, p.p. 93	+385 1 365 35 35	2360000-1101235687
ZABAHR2X
HR-10002 ZAGREB		2340009-1110012058
PBZGHR2X
CROATIA	Telefaks – Telefax	2484008-1100331673
RZBHHR2X
www.ericsson.com/hr	+385 1 302 85 40	OIB/VAT No: HR84214771175

Predsjednik Nadzornog odbora – Supervisory Board Chairman: Klas Roland Nordgren ° Uprava/Direktor – Management Board/Director : Gordana Kovačević MBS pri Trgovačkom sudu u Zagrebu – Zagreb Commercial Court Reg. No.: 080002028 ° Temeljni kapital uplaćen u cijelosti (kn) – Fully paid share capital (HRK): 133.165.000,00 Ukupan broj dionica – Total number of shares: 1 331 650 ° Nominalni iznos dionice (kn) – Nominal share value (HRK): 100,00