Mandatory Notification of Trade

Primary insider Richard Price, Vice President North and South America of Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) has on 7 August 2015 acquired 1,600,000 shares in Polarcus at an average price of NOK 0.2519 per share. Following the transaction he owns 2,850,532 shares in Polarcus.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)