Magnora ASA — Director's Dealing 2015

Mar 3, 2015

Mandatory notification of trade

Mandatory notification of trade

BLMF Holding AS, which is controlled by Lars

Ødeskaug, COO of Sevan Marine ASA, has March 3,

2015, bought 20,000 shares in Sevan Marine ASA for

an average price NOK 20.00 per share.

Following this acquisition, Lars Ødeskaug controls

220,000 shares in Sevan Marine ASA.

The information in this announcement is subject to

the disclosure requirements of the Norwegian

Securities Trading Act section 5-12 and/or the

Continuing Obligations of Oslo Børs.