Mandatory Notification of Trade

(Oslo, February 1, 2011)

Arne Aarnes, Board member in Birdstep, did a swap of
forward contract today for 1 672 200 shares with a
strike price at NOK 1,50 with a maturity date of
01.03.11. 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).