Photocure ASA -Shares purchased by employees/Notification of trade

Photocure has an incentive program that includes shares in the company. The board of directors makes annual allocations based on fulfillment of personal and company goals.  As part of the incentive program, 11 employees in Photocure have purchased 150,773 shares in the company today. The purchase price was NOK 32.00 (62,498 shares) and NOK 20.30 (88,275 shares) per share, the same as the market price at the time of allocation.

Furthermore, as part of the share buy back program, Photocure has on February 28, 2011 bought 1000 shares in Photocure ASA with an average price of NOK 48.70 per share.

After these transactions, the company owns 697,848 shares in Photocure ASA.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)