Mandatory notification of trades

DiaGenic today announce mandatory notification of trades among primary

insiders of DiaGenic ASA which took place as part of the allotment of

shares in the "Subsequent repair offering". Reference is made to the

notice to the stock exchange on 17 and 18 November 2010 regarding

notification of trades among primary insiders which subscribed in the

"Subsequent repair offering", and the notice to the stock exchange on 23

November 2010 regarding allotment of shares in the "Subsequent repair

offering". The transactions are described in detail below.

Atul Shah, board member in DiaGenic ASA, subscribed for 5,006,377 shares

through a related company. Shah's related company was allotted 3.157.816

shares at NOK 0.50 per share in the "Subsequent repair offering". Post

allotment of the shares Shah's related company will increase its holding

in the Company from 1,877,224 shares to 5,035,040 shares.

Dag Christian Christiansen, Director in DiaGenic ASA, subscribed for

250,000 shares in the "subsequent repair offering", and was allotted

250,000 shares at NOK 0.50 per share. Post allotment of the shares

Christiansen's holding in the Company will increase from 220,000 shares

to 470,000 shares.

Derek Tobin, senior scientist in DiaGenic ASA, subscribed for 10,000

shares in the "subsequent repair offering" and was allotted 10,000

shares at NOK 0.50 per share. Post allotment of the shares Tobin's

holding in the Company will increase from 8,000 shares to 18,000 shares.

Contact:

Erik Christensen, CEO

Telephone: 47 95939918

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