Exercise of employee share options in Atea ASA ("the Company")

1. Out of a total of 1,699,169 exercisable options,
employees in the Atea Group have exercised 469,665
options. Following the share option exercise the
Board of Directors, pursuant to authorisation granted
by the Company's Annual General Meeting, has decided
to increase the Company's share capital by NOK
4,696,650 by issuing 469,665 new shares, of par value
NOK 10. Following the increase the Company's share
capital is NOK 962,950,220 divided into 96,295,022
shares.

2. Options exercised by primary insiders 28 October,
2010:

Juha Sihvonen has exercised 50,000 options in the
Company, corresponding to
50,000 shares at the strike price of NOK 32.80.

Arunas Bartusevicius has exercised 49,333 options in
the Company, corresponding to 49,333 shares at the
strike price of NOK 32.40.

Attila Fransén has exercised 12,000 options in the
Company, corresponding to 12,000 shares at the strike
price of NOK 25.00.

3. Transfer of rights

28 October, 2010, the primary insiders mentioned
below transferred their rights to receive shares
resulting from the exercise of options to a third
party. The sales amount will be finally determined on
the basis of the price subsequently obtained by the
third party when selling the shares in the market.
Still, primary insiders cannot be held liable for
losses incurred by the third party if the shares are
later sold below the strike price. Final compensation
for the transferred rights will be reported to Oslo
Stock Exchange when known.

Juha Sihvonen
Arunas Bartusevicius
Attila Fransén

4. New holding

After exercising options, Juha Sihvonen holds 100,000
unexercised options in the Company, corresponding to
100,000 shares at the strike price of NOK 40.64 and
50,000 unexercised options in the Company,
corresponding to 50,000 shares at the strike price of
NOK 32.80. After completion of the above mentioned
transactions, the primary insider holds 0 shares in
the Company.

After exercising options, Arunas Bartusevicius holds
50,667 unexercised options in the Company,
corresponding to 50,667 shares at the strike price of
NOK 32.40. After completion of the above mentioned
transactions, the primary insider holds 0 shares in
the Company.

After exercising options, Attila Fransén holds 30,000
unexercised options in the Company, corresponding to
30,000 shares at the strike price of NOK 40.64 and
24,000 unexercised options in the Company,
corresponding to 24,000 shares at the strike price of
NOK 25.00. After completion of the above mentioned
transactions, the primary insider holds 1,500 shares
in the Company.


For further information, please contact:
Rune Falstad, CFO Atea ASA, mobile +47 906 14 482


About Atea
Atea is the leading Nordic and Baltic supplier of IT
infrastructure with approximately 4 800 employees.
Atea is present in 73 cities in Norway, Sweden,
Denmark, Finland, Lithuania, Latvia and Estonia. Atea
delivers IT products from leading vendors and assists
its customers with specialist competencies within IT
infrastructure services. Atea has an annual revenue
of approximately NOK 15 billion and is listed on Oslo
Stock Exchange. [http://www.atea.com]