Notification of trade NEL ASA.

Anne Marie Gohli Russell, board member of NEL ASA,
has on 23 January 2015 been allocated 50 000 shares
at NOK 1.30 per share.

After the transaction Anne Marie Gohli Russell have a
holding of 326 923 shares in NEL ASA, representing
0.1% (based on 398 929 104 outstanding shares).