Nel ASA — Director's Dealing 2010

Mar 12, 2010

NOTIFICATION OF TRADE AMONG PRIMARY INSIDER

NOTIFICATION OF TRADE AMONG PRIMARY INSIDER

On 12 March 2010 mandatory notification of trade among primary insider

of DiaGenic ASA took place.

Director and board member Praveen Sharma has settled a Total Return

equity Swap agreement (TRS) with exposure of 700,000 underlying shares

at a price of NOK 2.85 per share and with expiry date set to 15 March

2010. Subsequently Sharma entered into a new TRS agreement with exposure

for 700,000 underlying shares and with expiry date set to 12 May 2010,

and the TRS price is set to NOK 2.87 per share. After the transactions

Sharma owns a total of 2,490,764 shares in DiaGenic and 195,764 warrants

in addition to the TRS agreement with exposure for 700,000 shares.

This information is subject of the disclosure requirements acc. to §5-12

vphl (Norwegian Securities Trading Act).

Contact:

MD PhD Erik Christensen, Managing Director

Telephone: +47 95939918

e-mail: erik.christensen@diagenic.com