Mandatory notification of trade NEL ASA

Simonsen Invest AS, a company controlled by Mr. Bjørn
Simonsen, Director - Market Development and Public
Relations of NEL ASA has on 12. January 2016 purchased
40 000 shares in NEL ASA at NOK 3,56 per share.

After the transaction Bjørn Simonsen and associated
companies have a holding of 1 705 769 shares in NEL
ASA, representing 0,25% (based on 680 601 326
outstanding shares).