The following primary insiders in Komplett Bank ASA have in accordance with the
Bank's share option plan exercised stock options as set out below: Henning
Fagerbakke (Chief Financial Officer), has exercised options to subscribe 1,145
shares in Komplett Bank ASA at a subscription price per share of NOK 1.00 plus a
variable element equivalent to the social security tax at the date of exercise
of NOK 0.74 per share. Following the transactions Henning Fagerbakke and close
associates hold 202,861 shares and 128,094 stock options in Komplett Bank ASA. 
Enok Hanssen (Director Consumer Loans and POS), has exercised options to
subscribe 48,390 shares in Komplett Bank ASA at a subscription price per share
of NOK 1.00 plus a variable element equivalent to the social security tax at the
date of exercise of NOK 1.43 per share. Following the transactions Enok Hanssen
and close associates hold 229,162 shares and 355,475 stock options in Komplett
Bank ASA. Annika Ramstedt (Director Credit Risk and Collections), has exercised
options to subscribe 40,000 shares in Komplett Bank ASA at a subscription price
per share of NOK 1.00 plus a variable element equivalent to the social security
tax at the date of exercise of NOK 1.43 per share. Following the transactions
Annika Ramstedt and close associates hold 90,008 shares and 243,898 stock
options in Komplett Bank ASA. All allocations of options have been done in
accordance with the share option plan, which allows for an employee to opt for
receiving options at market price instead of parts of his/her remuneration. The
option value is established based on full market value calculated using observed
trading prices and Black and Scholes's option pricing model, including an
element of social security tax. Each option is issued with Komplett Bank ASA as
issuer and provides the holder with a right to subscribe one share. The options
are subject to a five years exercise period.