Publication of Admission Document

The attached admission document (the "Admission Document") has been prepared by Nortel AS (the "Company") solely for use in connection with the admission to trading of all issued shares (the "Shares") on Merkur Market.

SpareBank 1 Markets AS has acted as Merkur Market advisor and Manager to Nortel. Kvale Advokatfirma DA has acted as legal advisor to the Company, and SANDS Advokatfirma DA has acted as legal advisor to the Merkur Market advisor.