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Scana Share Issue/Capital Change 2015

Jun 30, 2015

3736_dirs_2015-06-30_abcb0674-8db5-4ff9-aa2f-833932110057.html

Share Issue/Capital Change

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Scana Industrier ASA - Allocation to primary insiders in the Rights Issue

Scana Industrier ASA - Allocation to primary insiders in the Rights Issue

Reference is made the stock exchange announcement made [30 June] 2015 regarding

the final result and allocation in the rights issue in Scana Industrier ASA (the

"Company"). Primary insiders in the Company have today been allocated shares in

connection with the rights issue as follows:

John Arild Ertvaag, member of the Board, has been allocated 200 000 000 shares

through the company Camar AS. John Arild Ertvaag has following this a

shareholding of 212 311 201 in the Company through Camar AS.

Per Ravnestad, member of the Board, has been allocated 60 000 000 shares through

the company International Oilfield Services AS. Per Ravnestad has following this

a shareholding of 62 389 361 in the Company through Panda AS and International

Oildfield Services AS.

Bjørn Torkildsen, Chairman of the Board, has been allocated 1 730 602 shares

through the company Invenius AS. Bjørn Torkildsen has following this a

shareholding of 1 860 602 in the Company through Invenius AS.

Martha Kold Bakkevig, member of the Board, has been allocated 145 024 shares

through the company Kold Invest AS. Martha Kold Bakkevig has following this a

shareholding of 155 918 in the Company through Kold Invest AS.

Sindre Ertvaag, primary insider, has been allocated 195 837 shares through the

company Sincap AS. Sindre Ertvaag has following this a shareholding of 210 548

in the Company through Sincap AS.

Terje Egeland, Commercial Manager, has been allocated 2 000 000 shares through

the company Miglia AS. Terje Egeland has following this a shareholding of

2 110 000 in the Company through Miglia AS.

Kjetil Flesjå, CFO, has been allocated 1 000 000 shares. Kjetil Flesjå has

following this a shareholding of 1 065 001 in the Company.

Inge Kvalvik, Special Advisor, has been allocated 780 062 shares through the

company Inge Kvalvik AS. Inge Kvalvik has following this a shareholding of

838 659 in the Company through Inge Kvalvik AS.

Torunn Hognestad, Administration secretary, has been allocated 35 157 shares.

Torunn Hognestad has following this a shareholding of 37 798 in the Company.

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#1933033]