Itera

Report Publication Announcement • May 2, 2014

Approved financial statements 2013

Approved financial statements 2013

The Board of Directors of Itera ASA has on 20 March

2014 approved the consolidated financial statements,

the parent company's financial statements and the

Board of Directors' report for 2013.

Preliminary figures for 2013 were published on 26

February together with the Q4 2013 Interim Report.

The operating revenue in the financial statements for

2013 amounted to NOK 465.2 million and the operating

profit amounted to NOK 22.5 million. The profit for

the year 2013 is amounted to NOK 15.8 million. The

deviation from the preliminary results is due less

income tax than first calculated.

Attached is the statement of the comprehensive income

and financial position.

The Board will propose to the Annual General Meeting

to pay a dividend of NOK 0.35 per share for the

Financial year 2013.

The Annual report including the approved accounts

will be published on the Company's website

www.iteraasa.com, together with the notice for the

Annual General Meeting. The Annual General Meeting is

taking place on 22 May 2014.

For further information, please contact:

Torunn Havre (CFO)

Tel: +47 909 43 403