Reference is made to the stock exchange notice dated 24 April 2013 regarding exercise of share options and mandatory notification of trade.
With regards to item 3, the payment has been determined based on a selling price of NOK 55 per share.
In accordance with item 4, Richmond Miller has purchased 82,445 shares in Spectrum at a price of NOK 55 per share.
Following the transaction, Richmond Miller holds 195,000 options at a strike price of NOK 11.81 per share and 97,445 shares in the Company.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.