Techstep ASA — Director's Dealing 2010

Sep 7, 2010

Grant of options to primary insiders - mandatory notification of trade

In accordance with the resolution in the annual

General Meeting in Birdstep Technology on May 14th

2009, the Board of Directors have today allocated an

employee stock option program where André V. Demarest

and Anders Storm, who were recently hired as

employees, will be granted options to purchase

Birdstep shares.

The strike price of the options will be equal to the

closing price of the Birdstep share on Oslo Stock

Exchange on Tuesday September 7 2010.

The options are tied to employment and will vest

gradually in lots of 25% of the total number of

options, starting on December 31, 2010. Vested options

may then be exercised prior to expiry on December 31,

The following primary insiders were allocated options

and own the following number of shares in Birdstep

Technology:

André V. Demarest, CFO: 600 000 options.

Demarest's total holding of options and shares in

Birdstep Technology is 600 000 options and 550 000 shares

Anders Storm, VP, Engineering & Operations: 100 000

options. Storm's total holding of options and shares

in Birdstep Technology is 100 000 options and 15 000

shares.