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 16 November 2010 mandatory notification of trade among

primary insiders of DiaGenic ASA took place. The transactions are

described in detail below.

Atul Shah, board member in DiaGenic ASA, has through a related company

received 2,006,377 subscription rights in the subsequent repair issue.

Shah's related company has subscribed for 5,006,377 shares in the

subsequent repair offering at NOK 0.50 per share. Shah's indirect

holding in the Company will increase from 1,877,224 shares to minimum

3,883,601 shares and maximum 6,883,601 shares post allotment of the

shares in the offering.

Praveen Sharma, director and board member in DiaGenic ASA, has received

2,662,128 subscription rights in the subsequent repair issue. Sharma has

sold 2,662,128 subscription rights to related company Capveen AS at NOK

0.09 per subscription right. Subsequently Sharma has through Capveen AS

subscribed for 2,662,128 shares in the subsequent repair offering at NOK

0.50 per share. Sharma's direct and indirect holding in the Company will

increase from 2,490,764 shares to 5,152,892 shares post allotment of the

shares in the offering.

Dag Christian Christiansen, director in DiaGenic ASA, has received

235,136 subscription rights in the subsequent repair issue. Christiansen

has subscribed for 250,000 shares in the subsequent repair offering at

NOK 0.50 per share. Christiansen holding in the Company will increase

from 220,000 shares to minimum 455,136 shares and maximum 470,000 shares

post allotment of the shares in the offering.

Contact:

Erik Christensen, CEO

Telephone: 47 95939918

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