Nel ASA — Share Issue/Capital Change 2014

Nov 13, 2014

Share capital increase registered

Share capital increase registered

Reference is made to the stock exchange announcement by NEL ASA (the

"Company" or "NEL") on 5 November 2014 regarding the result of the NOK

35 million rights issue (the "Rights Issue").

The share capital increase pertaining to the 53,846,154 new shares

issued in the Rights Issue has now been registered with the Norwegian

Register of Business Enterprises.

The Company's new registered share capital is NOK 67,785,821,

corresponding to a total of 338,929,104 shares with a nominal value of

NOK 0.20 per share.

This information is subject of the disclosure requirements pursuant to

section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Lars Christian Stugaard

Acting CEO

+47 23 01 49 06 / +47 47 63 05 22

lars.christian.stugaard@diagenic.com