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 Mike Mellen. Following this grant Mike Mellen 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
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.