As part of its annual share purchase programme for employees, Itera ASA has sold
152,164 shares at a price of NOK 11.47 per share less 20% discount to a total of
93 employees in the Group. 

Additionally, 769,000 options were redeemed at a strike price of NOK 3.89 per
share in the option programme from 2016, of which 426,000 were converted into
shares and 370,000 against cash consideration. The 2016 programme is thus
finalised. A total of 146,480 options have been redeemed at the strike price of
NOK 6.42 per share in the option programme from 2017, of which 94,560 were
converted into shares and 51,920 against cash consideration. There are 788,840
options remaining in the programme that expires in June 2021. The cash
settlement is based on the volume-weighted average share price in the period of
1-12 June 2019 of NOK 11.47 per share.

In total, Itera ASA has sold 672,724 of its own shares through the above
transactions. New holding is 1,662,333 shares.

The following changes apply to primary insiders:

CEO Arne Mjøs has through his company Arne Mjøs Invest AS converted 221,960
options into shares. New holdings are 26, 547,505 shares, of which 3,350,000 are
on future contracts, and 57,960 options.

CFO Bent Hammer has redeemed 180,000 options for cash consideration. In
addition, he has bought 1,744 shares. New holdings are 279,966 shares and
123,840 options.

Executive Vice President Jon Erik Høgberg has purchased 1,744 shares and
converted 89,960 options into shares. New holdings are 731,870 shares and 57,960
options.

Communications Director Ane Gjennestad has through her company Triceps AS
converted 40,000 options to shares and purchased 1,744 shares. New holdings are
178,019 shares and 41,280 options.

Oddvar Håland, CEO of the subsidiary Compendia, has purchased 1,744 shares and
redeemed 24,000 options for cash consideration. New holdings are 76,135 shares
and 22,640 options.

Executive Vice President Kristian Enger has purchased 1,744 shares and redeemed
68,000 options for cash consideration. New holdings are 501,066 shares and
101,880 options.

Executive Vice President Niko Nyström has purchased 1,744 shares and redeemed
89,960 options for cash consideration. New holdings are 358,055 shares and
101,880 options.

John Aalling, CEO of the subsidiary Itera Aps (DK), has purchased 1,744 shares
and converted 40,000 options to shares. New holdings are 173.736 shares and
41,280 options.

Andreas Almquist, board member, has purchased 1,744 shares and converted 36,000
options to shares. New holdings are 75,255 shares and 24,000 options.

Odd Khalifi, observer to the board, has purchased 1,744 shares. New holdings are
67,028 shares and 124,000 options.

Anne Perez, board member, har purchased 436 shares. New holdings are 436 shares.