SUBSEQUENT OFFERING OVERSUBSCRIBED

SUBSEQUENT OFFERING OVERSUBSCRIBED

Reference is made the stock exchange notice dated 25 January 2010.

The preliminary result of DiaGenic ASA's ("DiaGenic") subsequent
offering indicates that DiaGenic has received subscriptions for 7.7
million new shares. Thus, the subsequent offering is oversubscribed by
approximately 120 per cent.

Through the subsequent offering DiaGenic will receive proceeds amounting
to approximately NOK 9.6 million before transaction costs.

The new shares will be allocated according to the principles outlined in
the prospectus published on 21 January 2010. Notifications of allocated
new shares and the corresponding amount to be paid by each subscriber
will be mailed on or about 12 February 2010. DiaGenic expects to issue a
stock exchange notice on or about 12 February 2010 announcing the final
result of the subsequent offering.

The new shares will be listed on Oslo Børs as soon as the share capital
increase has been registered with the Norwegian Register of Business
Enterprises and the new shares have been registered with the Norwegian
Central Securities Depository (VPS). The new shares are expected to be
listed on or about 23 February 2010. The subscribers may not trade the
new shares until they have been paid for and registered on each
subscriber's VPS account.

Argo Securities AS and Orion Securities AS have acted as managers in the
subsequent offering.

For further information, please contact:
Håkon Sæterøy (chairman of the board), telephone +47 92 69 51 75

This information is subject of disclosure requirement according to
section 5-12 of the Norwegian Securities Trading Act.