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Nel ASA

Transaction in Own Shares Mar 25, 2010

3670_dirs_2010-03-25_5286d39a-43b1-45ba-a678-6e2f4cffc65f.html

Transaction in Own Shares

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NOTIFICATION OF TRADE AMONG PRIMARY INSIDER

NOTIFICATION OF TRADE AMONG PRIMARY INSIDER

On 25 March 2010 mandatory notification of trade among primary insider

of DiaGenic ASA took place.

Executive Chairman of the Board of DiaGenic ASA has through his company

Investor Corporate AS entered into a new Total Return equity Swap

agreement (TRS) with exposure for 135,000 underlying shares. Price per

share at entry into the contract is set to NOK 3.20 per share, expiry

date set to 25 May 2010, and price per share at expiry is set to NOK

3.22. After the transactions, Sæterøy's overall exposure in the Company

is 1,178,668 shares and 229,801 warrants, in addition to the TRS

agreement with exposure for 135,000 shares.

This information is subject of the disclosure requirements acc. to §5-12

vphl (Norwegian Securities Trading Act).

Contact:

MD PhD Erik Christensen, Managing Director

Telephone: +47 95939918

e-mail: [email protected]

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