MANDATORY NOTIFICATION OF TRADE

On November 3rd 2015 Westerland AS, controlled by Peter T.
Gogstad, has sold in total 14.100 shares of Zalaris ASA.

The shares were sold at a price of NOK 37.85.

Following the transaction, Peter T. Gogstad holds 65.508 shares of
Zalaris ASA whereof 23.400 shares is owned by his company
Westerland AS.