Reference is made to the stock exchange announcement made by Capsol Technologies
ASA ("Capsol") earlier today regarding the resolution by the board of directors
of Capsol to issue 3,111,618 new shares in Capsol, each with a nominal value of
NOK 0.5, in connection with a directed share issue towards Munters Frontier
Invest AB ("Munters") at a subscription price of NOK 7.54 per share (the "Share
Capital Increase"). Following the completion of the Share Capital Increase,
which is expected to be completed shortly, Munters will hold a total of
4,914,035 shares in Capsol, representing 7.81% of the outstanding shares and
voting rights, thereby exceeding the 5% threshold for disclosure of large
shareholdings.
This disclosure is made pursuant to Section 4-2 of the Norwegian Securities
Trading Act.