000-000-0000 [email protected]

Oslo, Norway: The following close associate to a primary insider has carried out the following transaction: J12 Invest AS, a company owned by the CFO Lars Holmøy, has purchased 20 000 shares in Elliptic Laboratories ASA at a price of NOK 14.50 per share, equal to an aggregate amount of approximately NOK 290 000. After the transaction, J12 Invest AS and Lars Holmøy own 57 420 shares in Elliptic Labs, and 1 192 500 options. See the enclosed form for further details about the transaction.