Mandatory notification of trade

CEO Arne Mjøs has through his company Arne Mjøs Invest AS today
today sold 1.116.300 shares in Itera (ITE) at the price of
NOK 5,90 per share. Simultaneously, Arne Mjøs Invest AS has purchased
purchased 1.116.300 shares in Itera at a price of NOK 5,90 on
on future contracts of NOK 5,9111 per share with expiration
date on 16 March 2017.

After these transactions, new total holding is unchanged
20.801.998 shares (25.3%), of which 1.600.000 (1,9%) on future
future contracts, and 980.000 options.