Mandatory notification of trades

DiaGenic today announce mandatory notification of trades among primary
insiders of DiaGenic ASA which took place as part of the allotment of
shares in the "Subsequent repair offering". Reference is made to the
notice to the stock exchange on 17 and 18 November 2010 regarding
notification of trades among primary insiders which subscribed in the
"Subsequent repair offering", and the notice to the stock exchange on 23
November 2010 regarding allotment of shares in the "Subsequent repair
offering". The transactions are described in detail below.

Atul Shah, board member in DiaGenic ASA, subscribed for 5,006,377 shares
through a related company. Shah's related company was allotted 3.157.816
shares at NOK 0.50 per share in the "Subsequent repair offering". Post
allotment of the shares Shah's related company will increase its holding
in the Company from 1,877,224 shares to 5,035,040 shares.

Dag Christian Christiansen, Director in DiaGenic ASA, subscribed for
250,000 shares in the "subsequent repair offering", and was allotted
250,000 shares at NOK 0.50 per share. Post allotment of the shares
Christiansen's holding in the Company will increase from 220,000 shares
to 470,000 shares.

Derek Tobin, senior scientist in DiaGenic ASA, subscribed for 10,000
shares in the "subsequent repair offering" and was allotted 10,000
shares at NOK 0.50 per share. Post allotment of the shares Tobin's
holding in the Company will increase from 8,000 shares to 18,000 shares.

Contact:

Erik Christensen, CEO

Telephone: 47 95939918

e-mail: erik.christensen@diagenic.com