Mandatory Notification of Trade

Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) announces that the following Primary Insider of Polarcus has acquired shares in the Company:

Karen El-Tawil, board member, has on 12 February 2015 acquired 300,000 shares at an average price of NOK 0.556 per share. Following the transaction she owns 425,000 shares in Polarcus.

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