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Nel ASA

Share Issue/Capital Change Aug 14, 2015

3670_dirs_2015-08-14_69f171fe-6324-4567-ba39-e37ff8fd16f8.html

Share Issue/Capital Change

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Mandatory notification of trade Nel ASA

Mandatory notification of trade Nel ASA

Reference is made to the notice from Nel ASA 14

August 2015.

Strata Marine & Offshore AS, a company controlled by

Mr. Øystein Stray Spetalen, board member of Nel ASA,

have been allocated 1 000 000 shares at NOK 2.25 per

share in the private placement.

After the transactions Øystein Stray Spetalen and

associated companies have a holding of 74 211 285

shares in Nel ASA, representing 11.4 % (based on 650

601 326 outstanding shares).

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