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Scana Share Issue/Capital Change 2015

Jul 9, 2015

3736_iss_2015-07-09_a53d6cae-7fac-4dbe-8bde-5af566a3eae7.html

Share Issue/Capital Change

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Scana Industrier ASA - Registration of share capital decrease and share capital increase

Scana Industrier ASA - Registration of share capital decrease and share capital increase

Reference is made to stock exchange announcements regarding completion of a

rights issue, write down of the nominal value and reverse split in Scana

Industrier ASA (the "Company").

The Norwegian Register of Business Enterprises has today registered the

completion of the share capital decrease and the subsequent share capital

increase.

Following the registration of the share capital decrease and the share capital

increase, including issuance of an additional 9 shares to cater for the reverse

split, the Company has a share capital of NOK 107,511,831, divided on

1,075,118,310 shares, each with a nominal value of NOK 0.10.

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 of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1936319]