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:

Kjetil Flesjå, CFO, have subscribed for 1 000 000 new shares. Based on the

subscription on the basis of granted subscription rights, Kjetil Flesjå will

hold minimum 930 315 new shares in the Company following the completion of the

share issue.

Inge Kvalvik, Special Advisor, have subscribed for 780 062 new shares through

his company Inge Kvalvik AS. Based on the subscription on the basis of granted

subscription rights, Inge Kvalvik will hold 838 659 new shares in the Company

following the completion of the share issue through his company Inge Kvalvik AS.

Torunn Hognestad, Administration Secretary, have subscribed for 35 157 new

shares. Based on the subscription on the basis of granted subscription rights,

Torunn Hognestad will hold 37 798 new shares in the Company following the

completion of the share issue.

Terje Egeland, Commercial Manager, have subscribed for 2 000 000 new shares

through his company Miglia AS. Based on the subscription on the basis of granted

subscription rights, Terje Egeland will hold 1 574 356 new shares in the Company

following the completion of the share issue through his company Miglia 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#1932406]