Exercise of employee share options in Nordic Semiconductor ASA ("the Company"). 

Employees in Nordic Semiconductor have on 29 October 2019 exercised 419 761
options. The options had an average strike price of NOK 42.11. Each share option
corresponds to one share. The underlying shares have been provided by sale of
the Company’s holding of treasury shares. Subsequent to the transaction Nordic
Semiconductor holds 4 119 910 own shares. There will be no share capital
increase due to the exercise of share options. 

The sales amount will be finally determined on the basis of the price
subsequently obtained by the third party in the market, and will be announced in
a separate stock exchange notice when known.

No Options have been exercised by primary insiders.

For further information, contact:
Pål Elstad, CFO +47 99 166 293