[December 17, 2014]

Nordic Nanovector ASA - Registered Share Capital Increase

Date: 17.12.2014        Press Release no: 40/2014

On 20 November 2014, 40,000 share options were exercised at a strike price of NOK 6.25 per share under the Company's share option program. After this option exercise, the total number of options granted and outstanding is 1,040,239.

The share capital increase relating to the issuance of the 40,000 shares has now been registered with the Norwegian Register of Business Enterprises. The new share capital of the Company is NOK 5,310,058.2 divided into 26,550,291 shares, each with a nominal value of NOK 0.2.

About Nordic Nanovector ASA

Nordic Nanovector ASA is a privately held company established in 2009. The compay is developing innovative radioimmunotherapeutics to treat non-Hodgkin Lymphoma (NHL) and other difficult to treat cancers. Nordic Nanovector intends to commercialise its product candidates through strategic alliances and partnerships with experienced oncology businesses and by establishing its own sales and marketing capabilities in selected markets. The company is based and has offices and laboratories in Oslo, Norway.

The company's lead product candidate, Betalutin™, is a radioimmunotherapeutic that aims to prolong and improve the quality of life of people who suffer from NHL. Further information can be found at: www.nordicnanovector.com.

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