Spectrum ASA: Stock Options

Spectrum ASA has in accordance with the company's option program, approved in
the general meeting May 23rd 2014, granted 100.000 options to the primary
insider Henning Olset. Following this grant Henning Olset holds 100.000 options and 0 shares in the
company.

The exercise price of each option is equal to the VWAP (Volume Weighted Average
Price) 20 (twenty) trading days immediately prior to grant date.

For further information; please contact:

Henning Olset
CFO of Spectrum ASA
Phone: +47 922 66948

www.spectrumasa.com

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Spectrum ASA via Globenewswire

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