Scana — Director's Dealing 2015

Jun 29, 2015

Scana Industrier ASA - Mandatory notification of trade

Scana Industrier ASA - Mandatory notification of trade

Reference is made to the ongoing rights issue in Scana industrier ASA (the

"Company"). Primary insiders in the Company have conducted the following

transactions on 29June:

John Arild Ertvaag, member of the Board, has subscribed for 200 000 000 new

shares through his company Camar AS. Based on the subscription on the basis of

granted subscription rights, John Arild Ertvaag will hold minimum 176 201 971

new shares in the Company following the completion of the share issue through

his company Camar AS.

All shares have been subscribed for at a subscription price of NOK 0.10 per

share. Subscribers are entitled to increase their subscription prior to the end

of the subscription period.

Allocation of any over-subscription by primary insiders will be resolved on or

about 30 June 2015, and will subsequently be announced.

For further information please contact:

Mr. Jan H Melhus, CEO Scana Industrier ASA, Mobile: +47 901 67 010

Mr. Kjetil Flesjå, CFO Scana Industrier ASA, Mobile: +47 900 41 213

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1932637]