ASETEK REORGANIZES IN PREPARATION FOR LISTING:

On an extraordinary general meeting February 13, 2013 (Pacific Standard Time) Asetek executed the corporate actions necessary under the plans to reorganize the legal entities towards a listing on the Oslo Stock Exchange (alternatively Oslo Axess). Asetek A/S, which applied for listing on January 30, 2013 is henceforth the ultimate parent company with full ownership control over the group.

On the extraordinary general meeting it was decided to reduce the share capital by DKK 385,000 and subsequently increase the share capital by DKK 923,845.70 by contribution in kind. New articles of association were adopted to reflect the change in capital. The articles have been filed with the Danish Business Register.

Contact:
Andre S. Eriksen, Chief Executive Officer
Phone: +1 408 398 7437 (GMT-08:00),
e-mail: ceo@asetek.com