LISTING OF NEW SHARES

Nio Security, Inc. confirms that in connection with
the Private Placement and the Subsequent Offering,
the 6,156,268 new shares have been duly authorized by
all necessary corporate action and that the shares
have been fully paid and validly issued. The number
of outstanding shares in Nio is 45,634,309 (par value
USD 0.10) and all shares are listed and admitted for
trading on the Oslo Stock Exchange.

The shares delivered to the subscribers in the
Private Placement and the Subsequent Offering were
existing shares made available through share lending
agreements with Nio's main shareholder. The new
shares issued by Nio and delivered to the main
shareholder under the share lending agreements
are "restricted securities" as defined in Rule 144
under the US Securities Act and described in the
Prospectus dated 15 February 2011.

For further information please contact: Tore Formo,
CFO, +47 91 668 678.