Nordic Mining ASA — Director's Dealing 2010

Jan 8, 2010

Mandatory notification of trade

CFO Lars K. Grøndahl has 7 January 2010 purchased 50,000 shares in Nordic Mining

ASA at an average price of NOK 1.109 per share. After the purchase Grøndahl

holds 2,149,851 shares in Nordic Mining. In addition, Grøndahl has option to buy

in total 550,000 shares in Nordic Mining; 275,000 shares at a price of NOK

2.625 per share, and 275,000 shares at a price of NOK 1.60 per share. The

options are valid till June 2010.

Oslo, 8 January 2010

Nordic Mining ASA

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

(Norwegian Securities Trading Act)

[HUG#1371537]