Disclosure of large shareholdings - proxies received in connection with the AGM

Oslo, 27 April 2016: Photocure ASA (OSE: PHO).

Reference is made to the stock exchange release disclosed 26 April 2016, regarding proxies received by Bente-Lill Bjerkelund Romøren in connection with the annual general meeting of PHO on 28 April 2016 (the "AGM").

Bente-Lill Bjerkelund Romøren has as chairperson of the board of directors of PHO received additional proxies to vote for 2,213,155 shares. In total, Romøren has received proxies to vote for 3,501,405 shares at the AGM, representing approx. 16 % of the total shares and votes at the AGM. The proxies received are only valid for the AGM and will lapse thereafter.

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