Nel ASA — Director's Dealing 2015

Aug 14, 2015

Mandatory notification of trade Nel ASA

Mandatory notification of trade Nel ASA

Dallas Asset Management AS, a company controlled by

Mr. Jan Christian Opsahl, board member of Nel ASA,

have been allocated 500 000 shares at NOK 2.25 per

share in the private placement.

After the transactions Jan Christian Opsahl and

associated companies have a holding of 25 016 292

shares in Nel ASA, representing 3.8 % (based on 650

601 326 outstanding shares).