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Nel ASA

Board/Management Information Nov 18, 2010

3670_dirs_2010-11-18_a3e57a57-86a2-4112-8965-dd2542717e95.html

Board/Management Information

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Notification of trade among primary insiders

Notification of trade among primary insiders

Reference is made to the notice to the stock exchange on 3 November 2010

regarding commencement of subscription period for the "Subsequent repair

offering". On 17 November 2010 mandatory notification of trade among

primary insiders of DiaGenic ASA took place. The transactions are

described in detail below.

Maria Holmlund, board member in DiaGenic ASA, has received 11,756

subscription rights in the subsequent repair issue. Holmlund has

subscribed for 11,756 shares in the subsequent repair offering at NOK

0.50 per share. Holmlund's holding in the Company will increase from

11,000 shares to 22,756 shares post allotment of the shares in the

offering.

Derek Tobin, senior scientist in DiaGenic ASA, has received 8,550

subscription rights in the subsequent repair issue. Tobin has subscribed

for 10,000 shares in the subsequent repair offering at NOK 0.50 per

share. Tobin's holding in the Company will increase from 8,000 shares to

minimum 16,550 shares and maximum 18,000 shares post allotment of the

shares in the offering.

Torbjørn Lindahl, bioinformatics manager in DiaGenic ASA, has received

41,148 subscription rights in the subsequent repair issue. Lindahl has

sold 41,148 subscription rights at NOK 0.11 per subscription right. This

transaction does not alter Lindahl's holding in the Company, which

consist of 38,500 shares.

Contact:

Erik Christensen, CEO

Telephone: 47 95939918

e-mail: [email protected]

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