Results for the third quarter 2014

Please find enclosed the interim report and presentation for third
quarter 2014.

The report is also available on NEL's webpage: http://www.nel
-hydrogen.com/

If you require a printed copy of the report please send your name and
address to: info@nel-hydrogen.com

Contact:

Lars Christian Stugaard, Acting CEO

Telephone: +47 23 24 89 50

e-mail: lars.christian.stugaard@nel-hydrogen.com