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2015-09-08

Photocure ASA: Resolved share capital increase in connection with exercise of options

The board of directors of Photocure ASA has resolved a share capital increase
pursuant to employees exercising vested options granted under the company's
employee incentive scheme.

The company's share capital will be increased with a total of NOK 25,415
pursuant to the resolution, by issuing 50,830 new shares. The shares are
issued at an average subscription price of NOK 29.46. After completion, the
share capital of Photocure ASA will be NOK 10,738,147.50 divided on
21,476,295 shares, each with a nominal value on NOK 0.50. Each share
representing one vote at the company's general meeting.

The resolution to increase the share capital was made pursuant to an
authorisation granted by the annual general meeting in Photocure ASA on 30
April 2015, setting aside the pre-emptive rights of shareholders to attend to
the purpose of the share issue.

For further information, please contact:
Photocure
CFO Erik Dahl
Tel: +47 450 55 000, E-mail:ed@photocure.no

www.photocure.com

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Photocure ASA via Globenewswire

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