NOTIFICATION OF TRADE BY PRIMARY INSIDERS

Svend Egil Larsen, Chief Investment Officer of Nordic Financials ASA, has today on 15 July, through his wholly owned company Selaco AS, purchased 5,800,000 shares in Nordic Financials ASA at a price of NOK 0.0153 per share.

Following this transaction, Selaco AS holds 380,000,000 shares in Nordic Financials ASA.

For further information, please see the attached file.