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

 Oslo, 24 April 2017: Photocure ASA (OSE: PHO).

Bente-Lill Bjerkelund Romøren has as chairperson of the board of directors of PHO received proxies to vote for 1,389,360 shares at the annual general meeting of PHO on 27 April 2017 (the "AGM"), representing approx. 6.4% of the total shares and votes at the AGM. The proxies received are only valid for the AGM and will lapse thereafter.

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