Photocure ASA: Mandatory notification of trade

Oslo, Norway, 3 September 2018: Photocure ASA (OSE: PHO), announces today that
it has repurchased  1,121 own shares at NOK 0 per share in relation to the long-
term incentive programme described in the stock exchange release on 7 May 2018.

After this transaction Photocure ASA holds 14,930 own shares, representing
approximately 0.07 per cent of the issued outstanding number of shares of the
company.

For further information, please contact:
Photocure
Erik Dahl, CFO and Interim CEO
Tel: +47 450 55 000, E-mail: ed@photocure.no
www.photocure.com

The transaction is completed in accordance with the board authorisation given at
the annual general meeting held 9 May 2018. This information is subject to the
disclosure requirements pursuant to section 5-12 of the Norwegian Securities
Trading Act.