Delivering on strategic goals

· Acquisition of ABGSC Real Estate AS / Inc.
· Acquired investment management mandates within private equity and
infrastructure from Swedbank First
· These transactions will increase recurring revenues by 10 % in 2013
· Acquisition and integration of Wunderlich Securities AS
· Corporate Finance with increased deal flow
· Financial performance lagging as costs are incurred in 2012 while
revenues will increase in 2013, resulting in an EBIT of NOK -12 million
in fourth quarter of 2012
The Agasti Group had an operating profit of NOK -12 million in the
fourth quarter of 2012. As in the third quarter of 2012, the financial
figures in this quarter have been influenced by the restructuring
process, as well as the strategic initiatives being undertaken within
the Group.

"We have invested significant resources in establishing our new business
model, and are proud to now have in place one of the most experienced
teams within the business in which we shall operate. The consequence of
having a strong focus on building a new business model is that there is
a time lag between costs and revenues, which is also reflected in the
fourth quarter. However, at the start of 2013 the outlook is positive
and indicates that many of the initiatives we have recently worked with
both in Norway and in the USA will materialise and therefore contribute
to a profitable business in the future," says Alfred Ydstebø, CEO of
Agasti Holding ASA.

Throughout the second half of 2012, Agasti Holding has established an
entirely new business model, where rather than focusing on each business
area individually, the Agasti Group offers clients an integrated concept
based on:

· Professional investment advice from authorised and experienced
advisors, based on an individually developed investment profile and
first-class investment recommendations
· Advisory services and the facilitation of capital market
transactions for Norwegian and international environments, with good
distribution capacity and placing power
· Being a complete manager of all alternative investments our clients
have through the Agasti Group

"We have developed a concept that clearly distinguishes us from our
competitors. In addition to being perhaps the most attractive
distributor of selected equity and fixed income funds, we have
established one of the market's most experienced teams within real
estate, shipping and private equity, and through the strategic
collaboration with Wunderlich's energy team in Houston, also within
energy and oil services. We achieved this in the fourth quarter of 2012
by attracting dedicated individuals with national and international
investment banking experience from environments such as ABG, Swedbank
First, Pareto, SEB, Morgan Stanley and Deutsche Bank," says Ydstebø.

For clients of the Agasti Group, this means that in addition to having
the opportunity to invest in a proven fund selection business, they will
also be regularly presented with attractive investments opportunities we
facilitate on behalf of Norwegian and international businesses, such as
equity issues where established and recognised investors co-investment
together with Agasti's clients.

Moreover, in the previous quarter Agasti Holding has gone all the way in
becoming a complete investment manager of all alternative investments
our clients have made through the Agasti Group, which is also in line
with our previously communicated long-term strategy.

"We have acquired investment management companies from ABG Sundal
Collier Norge ASA, and we therefore now manage all our clients'
investments within real estate and shipping. In addition, we have taken
over the management responsibility from Swedbank First of all structures
which clients of the Agasti Group have invested in within private
equity, infrastructure and renewable energy. These transactions alone
entail approximately 10% higher annual recurring revenues for the Agasti
Group", explains Ydstebø.

"Today, the Agasti Group is a complete provider of management services
relating to all our clients' alternative investments, and together we
are now in a better position to create clear and future-oriented
strategies for the management of the portfolios," says Alfred Ydstebø.

In February 2013, Agasti purchased the remaining 50 per cent of the
shares in securities firm Wunderlich Securities AS, a subsidiary of
Wunderlich Investment Company, Inc., thereby becoming the company's sole
owner. Wunderlich Securities has a solid position within the energy and
oil services, real estate and private equity sectors, which are among
the sectors in which the Agasti Group shall have a leading position. The
Agasti Group and Wunderlich Securities have collaborated closely
throughout the latter half of the year in order to establish what is now
becoming one of the market's most experienced and competent teams within
real estate, private equity, shipping, energy and oil services. Full
integration between the companies means that the Agasti Group can now
fully utilise the potential and synergies between the two environments
when we assist clients with advice on and the facilitation of capital
market transactions both in Norway and in the USA.

"With the integration of Wunderlich Securities AS and our strategic
alliance with Wunderlich Investment Company in the USA, the Agasti Group
is now a serious challenger to the established corporate finance players
in Norway. Our ambition is clear - our experienced team within real
estate, private equity, shipping, energy and oil services shall
implement mandates that will ensure our position as a leading player
within corporate finance in the above-mentioned sectors," explains
Ydstebø.

"We have now implemented the first stages of the ambitions we set out in
August. We have an organisation consisting of some of the market's most
experienced individuals within our selected segments. Every day, we
shall work together to create opportunities for our many clients, and
therefore continue to be a preferred partner in the future," says Alfred
Ydstebø.

A complete English version of the interim report of the 4th quarter is
attached on www.newsweb.no and on Agasti's Investor Relations web pages
www.agasti.no.

Contact details:
CEO Alfred Ydstebø, mobile phone: (+47) 908 32 828
CCO, Tor Arne Olsen, mobile phone: (+47) 900 90 470
CFO, Christian Tunge, mobile phone: (+47) 450 65 850

This information is subject of the disclosure requirements pursuant to
section 5-12 of the Norwegian Securities Trading Act.