Notification of trade among primary insiders

Reference is made to the notice to the stock exchange on 3 November 2010
regarding commencement of subscription period for the "Subsequent repair
offering". On 16 November 2010 mandatory notification of trade among
primary insiders of DiaGenic ASA took place. The transactions are
described in detail below.

Atul Shah, board member in DiaGenic ASA, has through a related company
received 2,006,377 subscription rights in the subsequent repair issue.
Shah's related company has subscribed for 5,006,377 shares in the
subsequent repair offering at NOK 0.50 per share. Shah's indirect
holding in the Company will increase from 1,877,224 shares to minimum
3,883,601 shares and maximum 6,883,601 shares post allotment of the
shares in the offering.

Praveen Sharma, director and board member in DiaGenic ASA, has received
2,662,128 subscription rights in the subsequent repair issue. Sharma has
sold 2,662,128 subscription rights to related company Capveen AS at NOK
0.09 per subscription right. Subsequently Sharma has through Capveen AS
subscribed for 2,662,128 shares in the subsequent repair offering at NOK
0.50 per share. Sharma's direct and indirect holding in the Company will
increase from 2,490,764 shares to 5,152,892 shares post allotment of the
shares in the offering.

Dag Christian Christiansen, director in DiaGenic ASA, has received
235,136 subscription rights in the subsequent repair issue. Christiansen
has subscribed for 250,000 shares in the subsequent repair offering at
NOK 0.50 per share. Christiansen holding in the Company will increase
from 220,000 shares to minimum 455,136 shares and maximum 470,000 shares
post allotment of the shares in the offering.

Contact:

Erik Christensen, CEO

Telephone: 47 95939918

e-mail: erik.christensen@diagenic.com