Mandatory notification of trade

On April 28, the following transactions took place in Atea ASA (the Company): 1. Exercise of stock options Employees of the Atea group have exercised stock options. In total, 12,000 stock options were exercised under the original agreements. Atea will transfer 12,000 of its own shares to fulfill the Company's obligations under these employee stock option agreements. 2. Conversion of stock options and exercise of rights Employees of the Atea group have entered into an agreement with Atea to convert stock options into the right to receive shares in the Company of an equivalent value. In total, 740,070 stock options with a weighted average strike price of NOK 87.99 were converted into the right to receive 271,952 Atea shares, based on the volume weighted average price of NOK 142.23 for the Atea share on April 27. Employees of the Atea group exercised their rights to receive shares in the Company. After withholding of income taxes, employees received rights to 161,077 shares in Atea ASA. Atea will transfer 161,077 of its own shares to fulfill the company's obligations to provide these shares. 3. Conversion of stock options and exercise of rights by primary insiders The following primary insiders entered into an agreement with Atea to convert stock options into the right to receive shares in the Company of an equivalent value and exercised their rights to receive shares. Kathrine Forsberg converted 70,000 stock options at a strike price of NOK 71.375 into the right to receive 34,083 shares in the Company.  Atea does not withhold income tax on this transaction in Denmark, and Kathrine Forsberg obtained the right to receive 34,083 shares. Robert Giori converted 18,570 stock options at a strike price of NOK 93.125 into the right to receive 6,138 shares in the Company.  After withholding of income taxes, he has obtained the right to receive 3,229 shares. Carl-Johan Hultenheim converted 125,000 stock options at a strike price of NOK 93.125 into the right to receive 41,319 shares in the Company.  After withholding of income taxes, he has obtained the right to receive 21,734 shares. Ole Petter Saxrud converted 45,000 stock options at a strike price of NOK 71.375 into the right to receive 21,911 shares in the Company.  After withholding of income taxes, he has obtained the right to receive 11,525 shares. Juha Sihvonen converted 30,000 stock options at a strike price of NOK 93.125 into the right to receive 9,917 shares in the Company.  After withholding of income taxes, he has obtained the right to receive 5,355 shares. Steinar Sønsteby converted 100,000 stock options at a strike price of NOK 93.125 into the right to receive 33,055 shares in the Company.  After withholding of income taxes, he has obtained the right to receive 17,387 shares. 4. Transfer of rights and sale of shares The primary insiders mentioned above transferred their rights to receive shares resulting from the conversion of options to a third party. The payment has been determined based on a selling price of NOK 140.96 per share. 5. New holding Following the completion of the above transactions: Kathrine Forsberg holds 240,000 options in the Company. Robert Giori holds 475,000 options and 122,787 shares in the Company.  Close associates hold an additional 4,000 shares. Carl-Johan Hultenheim holds 575,000 options and 14,000 shares in the Company. Ole Petter Saxrud holds 185,000 options and 1,500 shares in the Company. Juha Sihvonen holds 400,000 options in the Company. Steinar Sønsteby holds 1,366,307 options and 125,000 shares in the Company. Atea ASA holds 1,477,742 of its own shares. See details about the transactions for primary insiders on April 28 reported to Finanstilsynet enclosed. For further information, please contact: Steinar Sønsteby, CEO Atea ASA, mobile (+47) 930 55 655 Robert Giori, CFO Atea ASA, mobile (+47) 934 09 188