Techstep ASA — Major Shareholding Notification 2015

Nov 2, 2015

Disclosure of shareholding

Disclosure of shareholding

Sophrosyne Capital, LLC has on 2 November 2015 sold

2,592,796 shares in Birdstep Technology at a price of NOK

0.3106 NOK per share.

After the transaction Sophrosyne Capital, LLC holds

13,619,450 shares in Birdstep Technology ASA, representing

approximately 13.40% of the issued and outstanding shares

and votes in the company.

This information is subject to the disclosure requirements

pursuant to section 4-2 and 5-12 of vphl (Norwegian

Securities Trading Act).