Mandatory Notification of Trade

Arne Aarnes, Board member in Birdstep, did a swap of
forward contract on 29.12.10 for 1 672 200 shares with a
strike price at 1,17 NOK with a maturity date of
29.01.11. The total exposure for Aarnes is after the
transaction 1 672 200 shares, which is the same as
before the transaction.

This information is subject to the disclosure
requirements acc. to §5-12 vphl (Norwegian Securities
Trading Act)