Nel ASA — Director's Dealing 2016

Sep 2, 2016

Mandatory notification of trade NEL ASA

Mandatory notification of trade NEL ASA

Bent Mathias Skisaker, CFO of NEL ASA ("NEL") has on 2 September 2016 purchased

200,000 shares in NEL at NOK 2.476 per share.

After the transaction Bent Mathias Skisaker has a holding of 200,000 shares in

NEL ASA, representing approx. 0,03% of the total number of shares in NEL (based

on 683,678,252 outstanding shares). The shares were acquired from NEL, which

after the transaction holds 2,155,136 shares, representing approx. 0,32 % of the

total number of its shares.