Mandatory notification of trade

CEO Arne Mjøs has through his company Arne Mjøs Invest AS today
extended future contracts of 1.600.000 shares in Itera (ITE) at a
price NOK 5,9621 per share with expiration date on 15 June 2017.

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